This report on modern slavery and financial institutions by the Royal United Services Institute for Defence and Security Studies and the Freedom Fund considers the role that the financial sector can play in reducing human trafficking and modern slavery through exerting responsibility and leverage.
In recent years, the financial sector has become an increasingly high-profile contributor to efforts to identify and disrupt modern slavery and human trafficking. But can this commitment from the financial sector go further – beyond financial crime compliance and transaction monitoring – by using the provision of finance as a force for good to effect change in the operational and value-chain behaviour of their clients? This paper evaluates whether more action and commitment are required – and whether this is possible – from the sector, particularly in the form of using leverage provided by the provision of finance to clients to encourage the raising of standards in the field of human rights, in line with activity on environmental risks.
Edited by Genevieve LeBaron and Neil Howard. This is the second volume of the series Beyond Trafficking and Slavery Short Course. There is a growing and sober awareness among international policymakers and within global civil society that hum...Read More
The data in this report represents signals and cases from January 1, 2018 through December 31, 2018 and is accurate as of July 25, 2019. Cases of trafficking may be ongoing or new information may revealed to the National Hotline over time. Consequen...Read More
Millions of people from the Philippines have migrated abroad for employment, seeking a better life and improved economic status for themselves and their families. Today, over 10 million Filipinos are estimated to live and work internationally, with ...Read More
The Belt Road Initiative (BRI), China’s ambitious transnational development program, is set to redefine globalization with “Chinese characteristics.” Since its inception, thousands of transportation, energy, information technology, and mining ...Read More
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