The social impact program will give illicit financing investigators the tools to identify forced labor, sex trafficking and more.
WASHINGTON, September 19, 2023 /PRNewswire/ — As part of an ongoing effort to combat illicit financing in JapanACAMS and Finance Against Slavery & Trafficking (FAST) of the United Nations University Center for Policy Research (UNU-CPR) have launched a Japanese version of the free Social Impact Certificate Program for Combating Financial Crime (AFC). ). professionals, Combating modern slavery and human trafficking – Part 1.
Launched at the ACAMS Japan Assembly, the certificate outlines strategies for identifying, investigating and reporting financial activities linked to traffickers, including analysis of new case studies.
According to Global Slavery Index 2023developed by Walk Free, Asia Pacific The country has the largest number of people subject to modern slavery, estimated at 23.9 million people. In Japan Around 144,000 people alone are victims of modern slavery (1.1 people per thousand).
Modern slavery and human trafficking are lucrative for their perpetrators, as human exploitation has become the most pervasive criminal economy in the world. The International Labor Organization (ILO) estimates that the annual profits generated by forced labor amount to 150 billion dollars every year*. Much of this illicit money passes through the global financial system, and the financial sector is increasingly expected to play a critical role in mitigation efforts.
“Modern slavery is one of the greatest crises of our time, forcing innocent people to work in dangerous and degrading conditions for little pay or to be victims of sex trafficking in every corner of the world,” said the CEO of ACAMS. Scott Liles. “But we have the power to stop it today if financial institutions and law enforcement come together to map the illicit financial flows behind it.”
“This initiative gives AFC professionals the means to Japan play an important role not only in protecting the financial sector, but also in helping to save the life of someone’s mother, father, son or daughter,” he said.
“Translating the ACAMS-FAST course will improve the accessibility of this important resource and provide more practitioners with the guidance they need to combat modern slavery and human trafficking,” he says. Alice Eckstein, Project Director of the FAST Initiative. “We cannot address these risks without the participation of the financial sector – and the new translations help strengthen the sector’s capacity to act.”
The new Japanese translation of this certificate will be followed by French and Spanish versions – ensuring that the training certificates will be accessible to more financial sector professionals and help strengthen the global fight against modern slavery and human trafficking humans.
Since 2020, ACAMS has launched six social impact certificates, including three in partnership with FAST: Combating modern slavery and human trafficking – Part 1 and Part 2, and preventing online child exploitation through financial intelligence.
Two of the six ACAMS social impact statements have been translated: Ending Illegal Wildlife – Part 1 in simplified Chinese and Japanese, and Combating modern slavery and human trafficking – Part 1. Find out more here: https://www.acams.org/en/training/acams-social-impact-certificates
Combating Modern Slavery and Human Trafficking – Part 1 (Japanese) can be accessed at: www.acams.org/ja/トレーニング/認定トレーニングコース/現代奴隷制および人身売買防止の取り組み
*Profits and poverty: The economics of forced labor (2014), ILO
ACAMS is a leading international organization dedicated to providing anti-financial crime (AFC) training opportunities, best practices and peer-to-peer networking to AFC professionals worldwide. With more than 100,000 members in 180 jurisdictions, ACAMS is committed to the mission of ending financial crime by providing knowledge sharing in anti-money laundering and anti-terrorism financing and sanctions, thought leadership, risk mitigation services, ESG initiatives and platforms for public-private dialogue. The association’s CAMS certification is the benchmark qualification for AFC professionals, while its CGSS and CCAS certifications are intended for sanctions professionals and AFC practitioners working in the sanctions field. crypto space, respectively. ACAMS’ more than 60 chapters around the world further amplify the association’s mission through training and networking initiatives. Visit acams.org for more information.
Finance Against Slavery and Trafficking (FAST) is a multi-stakeholder initiative based at the United Nations University Center for Policy Research (UNU-CPR) aimed at mobilizing the financial sector against modern slavery and human trafficking. FAST is a knowledge partner for governments, multilateral organizations and financial sector stakeholders. Through its alliance-building and survivor outreach approach, FAST works with partners around the world to end modern slavery and human trafficking in line with the Sustainable Development Goals (SDGs) of the United Nations, in particular SDG 8.7. For more information: www.fastinitiative.org
SOURCE Association of Certified Anti-Money Laundering Specialists (ACAMS)