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Report

11 Jul 2017

Author:
United Nations University

United Nations University publishes guidance on breaking ties between financial sector and modern slavery

"25 keys to unlock the financial chains of human trafficking and modern slavery", 11 July 2017

To help industry actors and regulators think through their options for disrupting ties between the financial sector and human trafficking and modern slavery, UN University convened a workshop (...), with the support of the Permanent Mission of Liechtenstein to the United Nations.

Participants identified three main areas for action: 

A. Strengthening Sectoral Knowledge Uptake...

B. Improving Regulation, Encouraging Leadership...

C. Promoting Information Partnerships... 

After extensive deliberations, participants at the workshop presented a range of concrete proposals for strengthened action in, with and by the financial sector to break financial sector links to slavery, human trafficking, forced labour and child labour. These ideas were not presented as consensus ‘recommendations’, but are nonetheless synthesized here to provide guidance on avenues for potential collaboration to further these efforts. These...are addressed to all stakeholders involved with these issues, including banks, other financial institutions...financial sector regulators, and anti-slavery organisations.