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.
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Human Rights Watch defends the rights of people worldwide. We scrupulously investigate abuses, expose facts widely, and pressure those with power to respect rights and secure justice. Human Rights Watch is an independent, international or...Read More
In July 2015, Human Rights Watch interviewed 26 children, ages 16 and 17, who worked on tobacco farms in North Carolina that summer. Almost all of the children inter- viewed—25 out of 26—said they experienced sickness, pain, and discomfort while...Read More
Ever since Qatar was awarded the right to hold the 2022 World Cup, the treatment of around 2 million migrant workers driving the country's economy has been under the spotlight. Burdened by the debt of recruitment fees and bound by Qatar's sponsorshi...Read More
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