Banks called upon to help combat child abuse

Banks called upon to help combat child abuse


Child protection agencies, and a group of lawyers, are meeting with the European Banking Federation and various law enforcement agencies to persuade them to form a financial coalition to fight child pornography. 

In the past year, one hundred lawyers from Allen & Overy, have dedicated their services for free to develop a framework that manages to manoeuvre around data protection laws and follow financial trails. The new structure will allow investigators to track those who are profiting from this $2 billion industry.


It is now up to the banks and law enforcement agencies to make it work, as it will mean that certain changes will have to be made to their privacy policies.


If they are successful in Europe, then the framework may be initiated globally, in a concerted effort to catch those making money from this sordid trade.  


By Danielle Williams

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