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.
The Independent Inquiry into Child Sexual Abuse (‘the Inquiry’) was set up in March 2015 and aims to consider the extent to which state and non-state institutions in England and Wales have failed in their duty of care to protect children from se...Read More
Malaysia’s electronics sector workforce includes hundreds of thousands of foreign migrant workers who come to Malaysia on the promise of a good salary and steady work – an opportunity to make a better life for themselves and their families. But ...Read More
Backpage.com is a classified advertising website which is frequently used by potential traffickers to post advertisements for commercial sex with potential victims of trafficking. The National Human Trafficking Hotline has received a number of repor...Read More
Cash transfers are used as a tool to empower and protect vulnerable individuals, households, and other groups from shocks and to mitigate vulnerabilities, such as low and variable income. These transfers can also be used to encourage positive change...Read More
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