Closed Roundtable on Sanctioning Forced Labor Trafficking: EU and U.S. Models


10 May 2023, 09:00 – 11:00 CET

PSSI hosted a closed roundtable and a discussion on "Sanctioning Forced Labor Trafficking: EU and U.S. Models," organized alongside the Forum for Human Rights and the Uyghur Human Rights Project. The event explored potential requirements and recommendations for establishing robust, comprehensive, and just legislation, in particular by introducing the uniquely powerful leverage offered by capital markets sanctions.

Capital markets, including the stock and bond markets, provide financing and investment opportunities for companies involved in the use of forced labor practices to keep production costs lowand generate higher profits for investors. We take the view that publicly traded forced labor companies should be identified andnamed and that they should be excluded from European and American securities exchanges.

The roundtable provided an opportunity for participants to fully examine the merits and limitations of this proposed approach.

Read the concept paper for the discussion here.