Demise of correspondent banking relationships - SDG Resource Centre
Correspondent banking is the cornerstone of the global payment system, designed to serve the settlement of financial transactions across country borders. It allows companies and individuals to safely move money around the world and supports and encourages global trade. Since the financial crisis, tighter regulations - and in particular the regulatory penalties imposed for violations of anti-money laundering (AML) – have caused western banks to rethink their global strategy. The risks of doing business in many developing nations are beginning to be seen as outweighing the financial benefits brought by correspondent banking activity. As a result, US and European banks have reduced their correspondent banking activity in the riskiest regions.
Advancing SDG 1 no poverty and SDG 8 decent work and economic growth, this study examines trauma theory in the context of family separation due to Filipino labour migration. The experiences documented build a larger global vision of the misery of long-term family separation and prolonged labour migration experienced by Filipino labour migrants around the world.
SDG Business Forum
In July the 2017 Sustainable Development Goals (SDG) Business Forum recognised the critical role of business in delivering on the promise of sustainable and inclusive development. In this article, we elaborate on the SDG business case, and how businesses can engage with the SDG framework; driving business growth and productivity, whilst contributing to the better world envisaged by the 2030 Agenda for Sustainable Development.
Businesses with a year-end of 31 March 2016 were the first ones required to publish their modern slavery and human trafficking statements to comply with the UK Modern Slavery Act. One year later, several reports have measured and scrutinised the quality of businesses' modern slavery statements. SDG target 8.7 is to take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms.
Millenials are much more connected and IT savvy than the Baby Boomers
Companies need to adjust their recruitment and retention practices to take into account the culture and needs of the new millennial generation. This is important for advancing SDG 8.6 to substantially reduce the proportion of youth not in employment, education or training.
Reed Exhibitions,

World Travel Market, Responsible Tourism Blog, June 2017

Tourism, decent work and the SDGs
Tourism and hospitality are labour intensive, with 8% of the global workforce employed in the sector. The critique of employment conditions in the sector is deeply rooted, low remuneration, anti-social hours, insecurity, limited access to training and poor career progression are charges regularly levelled at the industry. The World Responsible Tourism Awards showcases many examples of companies choosing to have inclusive labour practices.
Elsevier,

Current Opinion in Environmental Sustainability, Volumes 26–27, June 2017, Pages 77-83

Spatial distribution of deforestation observed in 1988–2004 and 2005–2014, including the main territorial units (agrarian settlements) created prior to 2004 and subsequently, along with key transportation infrastructure (paved roads and ports).
In the Brazilian Amazon, environmental considerations have not been adequately incorporated into long-term land use planning and this failure has partly been due to the complexities of the country’s existing inter-sectorial institutional arrangements. The authors point out the major challenges for the balance between of use of natural resources under a capital-driven agenda and the needs and aspirations of large and widely distributed populations throughout the Amazon region, which could have an important role in sustainability. This article demonstrates the multidiscilpinary nature of the SDGs by exploring the interconnectedness of economic development and environmental concerns.
LexisNexis Legal & Professional,

LexisNexis UK, LexisPSL, Risk and Compliance, 8 June 2017

In the UK, the Modern Slavery Act 2015 sets out the requirement for some organisations to produce and publish an annual slavery and human trafficking statement, putting efforts to tackle slavery and human trafficking on the corporate agenda. This overview from LexisPSL provides guidance on the Modern Slavery Act’s obligation to produce a statement. The role of corporates is key to SDG 8.7 and the taking of immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking.
Lawyers from the Juris Pilot travel to Myanmar to deliver training
The burgeoning economy in Myanmar is creating much opportunity in the country but this is putting a strain on the judicial system which is trying to keep pace with development. The Juris Pilot addresses the need for greater knowledge of international contract law by training government legal staff. Sharing knowledge between professionals advances SDG 16.3 to promote the rule of law at the national and international levels.
This Practice Note from LexisPSL explains, for in-house lawyers, section 54 of the UK’s Modern Slavery Act 2015, which contains a requirement for large commercial organisations (total turnover of £36m or more) to publish an annual slavery and human trafficking statement. The process of compliance with the Modern Slavery Act 2015 is a core plank of advancing SDG 8.7 and the taking of immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking.

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