Forced labour is a pertinent issue that poses serious risks to human life across the globe. Traditionally, forced labour is thought to be remote in the financial services industry. In reality, FIs are intrinsically linked to forced labour risks through their diverse business relationships.
FIs can play an integral role in mitigating forced labour risks in supply chains through avenues such as contractual safeguards and sustainable supply chain finance.
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For further information, please contact:
Liew Kai Zee, Shooklin & Bok
kaizee.liew@shooklin.com
