The Risk Hiding in Plain Sight: Modern Slavery and Financial Crime
Explore how modern slavery, human trafficking and forced labor can intersect with financial crime, supply chains and business risk. Watch the conversation on demand.
The Hidden Connection Between Modern Slavery and Financial Crime
Why businesses need to understand the risks beyond their immediate operations
Modern slavery and human trafficking are not just humanitarian issues. They can create hidden risks across businesses, supply chains and financial systems.
An estimated 27 million people are in forced labor, while criminal networks continue to generate significant profits from exploitation.
In this episode of APAC Risk Insights – A Conversation That Matters, Matthew Friedman, CEO of The Mekong Club, and Patrick Gwyther, Director and Head of Strategy, Financial Crime Compliance at LexisNexis Risk Solutions, explore the connection between modern slavery, human trafficking, forced labor and financial crime.
From scam compounds and money laundering to supply-chain vulnerabilities and financial crime red flags, the conversation examines why organizations can overlook these risks and how businesses and financial institutions can strengthen their approach.
An estimated 27 million people are in forced labor, while criminal networks continue to generate significant profits from exploitation.
In this episode of APAC Risk Insights – A Conversation That Matters, Matthew Friedman, CEO of The Mekong Club, and Patrick Gwyther, Director and Head of Strategy, Financial Crime Compliance at LexisNexis Risk Solutions, explore the connection between modern slavery, human trafficking, forced labor and financial crime.
From scam compounds and money laundering to supply-chain vulnerabilities and financial crime red flags, the conversation examines why organizations can overlook these risks and how businesses and financial institutions can strengthen their approach.
Watch the On-Demand Recording
What You'll Hear
Modern slavery as a business risk
Why organizations can struggle to recognize modern slavery and human trafficking as risks connected to their own operations, suppliers and third-party relationships.
Following the money
How criminal networks can use legitimate financial services and business ecosystems to move and launder proceeds linked to human trafficking and exploitation.
The rise of scam compounds
How forced labor and human trafficking have become intertwined with organized scam operations and why the threat is spreading beyond Southeast Asia.
Financial crime detection and red flags
How financial institutions can use transaction patterns, typologies, red flags and broader intelligence to identify potential links to human trafficking.
Technology, AI and risk intelligence
How AI, digital attributes and data analysis can help organizations identify patterns and potential indicators that may otherwise be difficult to detect.
From awareness to action
Why organizations need to look beyond compliance alone, incorporating governance, training, risk assessments, procurement, information sharing and public-private collaboration.
Speakers
Matthew Friedman
Founder and CEO, The Mekong Club
Matthew Friedman is an internationally recognized expert on modern slavery and human trafficking, with more than 30 years of experience working across the private sector, governments and international organizations. As Founder and CEO of The Mekong Club, he works with businesses to help drive practical action against modern slavery and exploitation. He previously worked with the United Nations and USAID across multiple countries and is also an author and frequent speaker on human trafficking and modern slavery.
Matthew Friedman is an internationally recognized expert on modern slavery and human trafficking, with more than 30 years of experience working across the private sector, governments and international organizations. As Founder and CEO of The Mekong Club, he works with businesses to help drive practical action against modern slavery and exploitation. He previously worked with the United Nations and USAID across multiple countries and is also an author and frequent speaker on human trafficking and modern slavery.
Patrick Gwyther
Director Market Planning - Financial Crime Compliance - APAC, LexisNexis® Risk Solutions
Patrick Gwyther is a financial crime and compliance specialist with extensive experience across sanctions, AML, fraud and risk management. He helps financial institutions and regulated organizations across Asia Pacific navigate evolving threats, regulatory challenges and emerging technologies. Patrick also serves as a Board Member of the Association of Certified Sanctions Specialists (ACSS) Singapore Chapter.
Patrick Gwyther is a financial crime and compliance specialist with extensive experience across sanctions, AML, fraud and risk management. He helps financial institutions and regulated organizations across Asia Pacific navigate evolving threats, regulatory challenges and emerging technologies. Patrick also serves as a Board Member of the Association of Certified Sanctions Specialists (ACSS) Singapore Chapter.
About The Mekong Club
The Mekong Club is a not-for-profit organization working with businesses to address modern slavery and human trafficking through practical tools, training, collaboration and responsible supply-chain practices.
The Mekong Club is a not-for-profit organization working with businesses to address modern slavery and human trafficking through practical tools, training, collaboration and responsible supply-chain practices.
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