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.
In research, policy and practice, internal trafficking has been long overshadowed by its international counterpart. Despite the introduction of specific legislation against internal sex trafficking, confusion remains in Britain around how this crim...Read More
The Middle East and North Africa (MENA) region continues to host groups highly vulnerable to trafficking and exploitation. Migrant workers, particularly domestic workers, are known to be among those who are most at risk. While the region is co...Read More
When asked the importance of the following social and environmental issues at a personal level, over four fifths (87%) of financial services employees rate modern slavery and human trafficking as important. ...Read More
Edited by Julia O’Connell Davidson and Neil Howard. This is the fifth volume of the series Beyond Trafficking and Slavery Short Course. Mobility is and always has been an essential part of humanity’s economic, social, cultural and politi...Read More
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