This is a great initiative put together by The Liechtenstein Initiative for Finance Against Slavery and Trafficking (FAST Initiative). They have launched a modern slavery certificate. As a result of this initiative they take another step toward their goal: “Mobilising the financial sector against modern slavery and human trafficking.”

This article explains more about this certificate….

New Modern Slavery and Human Trafficking Certificate Launched for the Financial Sector

The Fighting Modern Slavery and Human Trafficking certificate – the first of its kind. It is being provided free-of-charge to the public. Providing an introduction to the steps that financial sector actors should take to meet the growing reporting requirements. These include to: identify, report, mitigate and remedy modern slavery and human trafficking risks. It covers anti-money laundering. Also countering the financing of terrorism obligations. It also covers environmental, social and governance (ESG) factors. As well as human rights and enterprise risk management. It draws on insights from industry leaders and recent cases.

About Finance Against Slavery & Trafficking (FAST)

The Liechtenstein Initiative for Finance Against Slavery & Trafficking (FAST) was launched in September 2019 at the United Nations General Assembly. It is housed at United Nations University Centre for Policy Research in New York. It is a public-private partnership including the Governments of Liechtenstein, Australia, the Netherlands, Liechtenstein private sector and charitable groups. UN University Centre for Policy Research is an independent UN think tank. They are advancing innovative solutions to global public policy challenges.

About the Association of Certified Anti-Money Laundering Specialists® (ACAMS®)

ACAMS is a member of Adtalem Global Education (NYSE: ATGE). This is a leading workforce solutions provider headquartered in the United States. ACAMS is the largest international membership organisation dedicated to enhancing the knowledge and skills of anti-money laundering (AML) and financial crime professionals from a wide range of industries. Its CAMS certification is the most widely recognised AML certification among compliance professionals worldwide. Its new Certified Global Sanctions Specialist (CGSS) certification commenced in January 2020. Visit for more information.

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The Freedom Hub would love to see this certificate rolled out in Australia. Because our financial sector needs to increase it’s role in ending modern slavery. Banks need to be watching transactions more than every before. Because they have a role in preventing the funding of this crime. So as our trading partnerships increase in Asia and our Modern Slavery Act rolls out, businesses can know their bank is also being accountable. Customers are also wanting to know if their saving are being invested ethically. So a certificate like this is an easy way for customers to make decisions on who to bank with.