Following the Money: Stopping Human Trafficking Collectively
The proximity between human trafficking and money laundering means that financial institutions play a crucial part in its detection and prevention. However, many banks lack confidence in their systems' abilities to identify human trafficking amongst transactions.
How can financial institutions educate themselves on current methodologies used by traffickers and facilitators? How can firms improve their AML programs to catch and prevent human traffickers attempting to launder money? What challenges need to be addressed to fight the collective battle with law enforcement and other sectors?
This expert panel will share insights and strategies, including:
- The challenges in detecting and investigating human trafficking;
- Learning the red flags and indicators of exploitation trafficking;
- How financial institutions can better identify traffickers and alert the authorities.