Association ESE

ESE

   Association for Emancipation, Solidarity and Equality of Women.

Mobilizing the financial sector against slavery & trafficking

“Financial institutions can help to achieve that target by boosting resources for financial probes into people-trafficking rings and lifting the lid on firms that turn a profit through slavery, according to the report’s authors. 

Banks can get better at spotting the illicit cash flows linked to people-smuggling rings, and can cooperate more with other institutions to identify and combat the abuse of some of the world’s most vulnerable people. 

As well as turning people into slaves, trafficking ringleaders have also been known to hijack the financial identities of their victims for money laundering purposes. Once they regain their freedom, some victims also find that they have low credit ratings.”

Direct Link to Full 172-Page 2019 Report: https://www.fastinitiative.org/wp-content/uploads/Blueprint-DIGITAL-2.pdf

Source: WUNRN – 03.10.2019

 

 

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