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.
Cybercriminals have been among the most adept at exploiting the COVID-19 pandemic for the various scams and attacks they carry out. With a record number of potential victims staying at home and using online services across the European Union (EU) du...Read More
The first full version of the Corporate Human Rights Benchmark is out. The results are revealing; there is a race to the top in business and human rights performance, but this is only amongst a welcome cluster of leaders while the great majorit...Read More
According to the latest ILO global estimates, 25 million people are victims of forced labour. This issue concerns all regions in the world. UN Sustainable Development Goal 8 on Decent Work and Economic Growth includes a target 8.7 for which the inte...Read More
In its third report on Austria, the Council of Europe’s Group of Experts on Action against Trafficking in Human Beings (GRETA) analyses trafficking victims’ access to justice and effective remedies and examines progress in the implementation of ...Read More
2020 © Copyright, RESPECT International. All Rights Reserved. Website Disclaimer | Privacy Policy
