Timea Joins UN Task Force
Updated: Mar 7, 2019
UNITED NATION GLOBAL FINANCIAL TASK FORCE TO END MODERN DAY SLAVERY HAS BEEN LAUNCHED TODAY AT THE UNITED NATIONS
Timea E. Nagy-Payne, human rights activists and commissioner member, was one of the panelists first presenting September 24th, 2018 on human trafficking at the United Nations for 500 members, just a few floors away from the 73rd General Assembly world leaders meeting.
The Liechtenstein Initiative for a Financial Sector Commission on Modern Slavery and Human Trafficking aims to put the financial sector at the heart of global efforts to end modern slavery and human trafficking.
The Liechtenstein Initiative was developed by the Government of the Principality of Liechtenstein with the Australian Government and Centre for Policy Research at United Nations University, in partnership with a consortium of banks, philanthropic foundation, banking associations and other partners.
The Financial Sector Commission on Modern Slavery and Human Trafficking will meet several times between September 2018 and July 2019 across 3 different continents. The Commissioners will discuss the sector’s approach to anti-slavery and anti-trafficking compliance; responsible investment and lending practices; and financial sector innovation to address modern slavery and human trafficking. For more information about the commissions, members, live updates and its goals please visit the Liechtenstein Initiative Website
In Our Own Words:
"The money that is being generated from Human Trafficking gets put through the banking system, so it is being laundered. The financial institutions are trying to find a way to stop Human Traffickers to be able to put money through the system. If they can't put the money through it will be hard for them to spend it. If we make it very difficult for them to put money through the system from HT, we will deter them from trafficking people. If we at least just start the process and the next generation finish it, I'm okay with that."