The Role of Intelligence in the Disruption of Human Trafficking, Slavery and Forced Labor
If one thinks that governance, risk and compliance deal with KYC and financial risk alone you may be grossly mistaken. While human trafficking, slavery and force labor may not be on your radar screen, how do you know whether one of your key suppliers is involved directly or indirectly?
If your customers find out first, your reputation will suffer, demand will sag and regulators may come down hard on you. It is simply not worth trying to save money by dealing with a lowest cost and obscure subcontractors. Too many companies have found out the hard way. Thus the disruption of human trafficking, slavery and forced labor has become part of the supply chain due diligence process.
Kristin Tiner, Head of Head of Risk Segment, Asia Pacific for Thomson Reuters Financial & Risk presented at the recent BIIA 10th Anniversary Business Information Conference. Kristin spoke about ‘Due Diligence in the Supply Chain’, which in many instances has become a board level issue for corporations. To download her presentation click on this link: BIIA – TR – Kristen Tiner
To read more about the ‘The Role of Intelligence in the Disruption of Human Trafficking, Slavery and Forced Labor’ click on this link: GRC03279-The-role-of-intelligence-in-disrutpion-human-trafficking
