The role of the financial sector in eradicating modern slavery – review by the Independent Anti-Slavery Commissioner

The review, ‘The role of the financial sector in eradicating modern slavery: CEOs respond to the Independent Anti-Slavery Commissioner’, follows on an earlier engagement of the Independent Anti-Slavery Commissioner with the Themis and the Tribe Freedom Foundation and the joint report published in January 2021, ‘Preventing Modern Slavery and Human Trafficking: an Agenda for Action across the Financial Services Sector’.

The Independent Anti-Slavery Commissioner has since written to CEOs of leading companies within the financial services sector. The respondents included international banks, investment platforms, building societies and digital payment companies.

The responses received by the Independent Anti-Slavery Commissioner showed some good practice, financial services sector had not integrated modern slavery risks across all its business processes. The Commissioner has made five recommendations to the financial services sector.

To find the full list of recommendations and the full report, please see here.

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