LOS ANGELES – The Free Speech Coalition (FSC) will host a derisking webinar on April 24 at 11 a.m. PDT entitled “Derisking: Examining Its Impact on the Adult Industry’s Access to Banking.”
Panelists for the webinar include Alison Boden, executive director of Free Speech Coalition; Allie Eve Knox, adult performer and business owner; Jessica Goedtel, financial advisor, Pavilion Financial; Aaron Kahler, Anti-Human Trafficking Intelligence Initiative; and Pierre Whatley, director, FS Vector. FSC’s Mike Stabile will moderate.
Free Speech Coalition (FSC), the trade and advocacy organization for adult businesses and workers, will host a special briefing on the impact of risk mitigation practices in the financial services industry. Panelists will discuss the ways in which mitigating risk impacts their ability to build and operate businesses, earn income, and survive in a world increasingly dominated by digital transactions. This webinar is intended for adult industry members, conference staff, regulators, financial services professionals and other stakeholders.
The webinar takes place to mark the one-year anniversary of the FSC’s groundbreaking report, ‘Financial Discrimination and the Adult Industry’, which sets out for the first time the scale of financial discrimination affecting adult-related businesses and workers. More than 60% of adult workers have lost a bank account or financial instrument due to their ties to the industry, with 40% in the past year alone.
Since the report’s publication, FSC has met with more than forty congressional offices, as well as regulators, compliance officers, and anti-trafficking organizations. National and international media have covered the fight to end financial discrimination, including the New York Times, Forbes, Wired, Boston Globe, The Street, Slate and hundreds of other publications.
“Over the past year we have been examining both the problem and possible solutions,” said Alison Boden, executive director of the Free Speech Coalition. “This panel will allow us to discuss the topic with a broader audience, present possible solutions and answer questions. We look forward to this incredibly important discussion.”