The trade in images of child sexual abuse generate large revenues and is run just like other illegal enterprises that set out to make as much money as possible. A major portion of the trade in images takes place over the Internet where buyers and sellers use various payment channels to transfer money between each other.
The Swedish Financial Coalition Against Child Pornography (Financial Coalition) works to impede and prevent such a trade. The Financial Coalition bases its efforts on the overall crime-prevention goal of stopping child sexual abuse. Among other methods, the members focus on finding the sales location in order to shut down the seller’s means of receiving payment. One advantage of this method is that it becomes a crime-preventive effort that does not violate the individual’s privacy. The police bear the ultimate responsibility for combating child pornography. At the same time, the finance industry is a key player in finding solutions for stopping transactions. With the intention of preventing such trade from being conducted through the financial systems, a unique cooperation has been worked out between the authorities, the private and the non-profit sector. Through the Financial Coalition’s members impeding the means of using the financial systems for this kind of crime, it contributes to increased costs for sales. This in turn increases overhead costs and makes the trade less profitable and less available. In the long term, this also means that the impetus to produce new material is reduced, which in turn should reduce the number of sexual abuse on children. Cooperating within the Financial Coalition is also a way for the industry to show that it takes a stand against this crime and to create awareness of the criminality within the industry as a whole.