TRIBE Freedom Foundation and Nasdaq are partnering to fight modern slavery and empower survivors!
In 2022, we’re partnering with the global exchange group and technology provider Nasdaq to increase awareness of modern slavery and promote financial literacy for survivors of human trafficking and modern slavery with the launch of the TRIBE Survivor Financial Empowerment Programme.
In January 2021, we published a report, “Preventing Modern Slavery & Human Trafficking: An Agenda for Action Across the Financial Services Sector” in collaboration with the UK Independent Anti-Slavery Commissioner and Themis Financial Crime Agency, demonstrating the role that the financial industry can play to advance the efforts in combating modern slavery and empowering survivors.
We are delighted to announce our new partnership with Nasdaq which will build on the work conducted as part of the report, to increase awareness of modern slavery across the financial industry, promote financial inclusion and empower survivors of modern slavery by supporting their long-term financial wellbeing.
“TRIBE Freedom Foundation and our community have been on a mission to end modern slavery since 2013. One of our key objectives is to provide long-term support for survivors of modern slavery. This exciting partnership with Nasdaq enables us to promote financial empowerment for survivors across the financial sector, providing vital tools that will help change lives. Financial independence is a crucial step in every survivors’ recovery; empowering them to flourish and rebuild their lives,” Tom Stancliffe, Co-Founder and Managing Director at the TRIBE Freedom Foundation
The TRIBE Survivor Financial Empowerment Programme is a collaboration between financial institutions and survivor support organisations to promote financial empowerment for survivors and establish a centralised portal for educational financial literacy materials as well as practical recommendations and a toolkit of best-practice guidance on supporting long-term survivor financial well-being. It will build upon existing financial inclusion initiatives and programmes to facilitate access to survivor bank accounts, such as the Finance Against Slavery and Trafficking (FAST) initiative, to improve follow-on financial literacy support and create a greater impact for survivors. For Nasdaq, the partnership is an important step in Nasdaq’s ambitions to advance its efforts to combat financial crime.
Nasdaq first came in contact with TRIBE Freedom Foundation through taking part in the TRIBE Relay Across Scotland. “We saw firsthand how passionate the TRIBE community is,” said Darren Innes, Head of AML Products at Nasdaq, who together with his team and colleagues joined the TRIBE Relay Across Scotland in 2021. He continues: “Their values and goals of combatting human trafficking and modern slavery align with Nasdaq’s ambitions to safeguard the capital markets and detect illicit proceeds from crimes related to human trafficking. This partnership with TRIBE Freedom Foundation leverages our combined capabilities and networks to create a long-lasting impact for survivors.”
In addition to supporting the TRIBE Financial Empowerment Programme, Nasdaq and TRIBE will work together to engage employees and their networks with an exciting series of awareness and fundraising activities throughout 2022. Keep your eyes peeled for further updates!
Together, TRIBE Freedom Foundation and Nasdaq will draw on the incredible power of community to drive a life-changing impact in the fight against modern slavery. Together, we will go further and faster to create a difference and end modern slavery.
If you are a financial institution or a survivor support organisation and are interested in joining our efforts and the creation of the TRIBE Survivor Financial Empowerment Programme, please contact Laragh O’Malley at laragh@wearetribe.co for further information.
