/Modern Slavery Act Uk Requirements

Modern Slavery Act Uk Requirements

If you have any questions about modern slavery reporting obligations or would like to suggest a case study, please contact: modernslaverystatements@homeoffice.gov.uk. Connect to the Ministry of Interior`s contact database for updates on the coming into force of the new requirements. Added information to highlight that future changes will be made to the steps you need to take to report modern slavery risks in your supply chain. Added a new section describing how to add your declaration to the government Modern Slavery Registry. The Modern Slavery Act 2015 is an Act of the Parliament of the United Kingdom. It is designed to tackle modern slavery in the UK and consolidates previous offences related to human trafficking and slavery. The Act covers England and Wales. The bill was introduced in the House of Commons in October 2013 by James Brokenshire, Parliamentary Secretary of State for Crime and Security. The sponsors of the law at the Home Office were Theresa May and Lord Bates. It received Royal approval and came into force on March 26, 2015. [1] The UK`s Modern Slavery Act requires companies to publish annual financial statements if they have a turnover of more than £36 million and some or all of the business takes place in the UK. It must confirm what measures have been taken to ensure that slavery and human trafficking are absent from the business and supply chain, or it must state that no action has been taken.

This responds to global concern about the growth of modern slavery around the world, as the ILO estimates that 21 million people worldwide are victims of forced labour, a figure driven by $150 billion in profits generated each year in practice. 44% of victims of slavery are transported across international borders due to the geographical integration of markets. The UK`s Modern Slavery Act is one of the most ambitious pieces of legislation in the world dealing with issues of modern slavery. It consolidates current criminal offences in the field of slavery and trafficking in human beings and introduces new prevention measures, support systems and a regulatory authority. The Modern Slavery Act includes new measures, including restitution orders for human trafficking that encourage the use of confiscated property to compensate victims, and prevention orders to ensure that people at risk of committing modern slavery crimes cannot work in relevant areas such as children and gang leaders. Examples of modern slavery laws include information on improvements in organizational structures, policies and procedures, as well as supply chain management aimed at eliminating all forms of modern slavery and human trafficking. These statements are published annually and are available on the Company`s website. If an organization has not taken specific measures to ensure that slavery and human trafficking are free from commercial practices, it must explicitly state this in its statement. The requirements of the Modern Slavery Compliance Program are unique in that they are designed to promote better business practices through transparency. Enforcement is therefore motivated by informing groups of citizens, consumers, employees and investors who demand more from the companies they work with. Our specialist team was involved in the early consultation of the law, was appointed as a key contributor to the UK Government`s Business Practical Guide and has already advised a number of clients on how to manage modern slavery risks in their operations and supply chains. The UK Modern Slavery Act 2015 sets out the UK government`s legal requirements on how organisations must address and report on modern slavery.

21. In March 2016, the Ministry of Home Affairs organised a Supply Chain Transparency Event (TISC), announcing the creation of an independent civil society register on modern slavery, the TISC Report, to provide an accessible and publicly searchable register where companies can share their statements. At the time of its launch on 1 April 2016, it was a partner with the Welsh Government, the Chartered Institute of Procurement & Supply, the International Chamber of Commerce (ICC) and Business West, among others. As of January 31, 2017, it had 10,153 companies with reports in its open data registry, making it the largest modern slavery reporting registry in the world. [9] 52.Obligation to inform the Secretary of State of alleged victims of slavery or human trafficking The bill did not include measures against the use of forced labour abroad, as the Home Office considered that requiring companies to examine and report modern slavery in their supply chains would be an „additional burden”. However, the campaigns resulted in the addition of a supply chain clause to invoices, so that „large companies will be forced to make public their efforts to end the use of slave labor by their suppliers.” [5] Consultations were held in February and March 2015 on the reporting requirements of the supply chain clause. [6] Organizations must prepare an annual report detailing the steps taken by the company to mitigate the risk of modern slavery abuse within the organization and throughout the supply chain. The following guidelines and resources have not been developed by the government, but may be useful to organizations reporting and addressing the risks of modern slavery in their businesses and supply chains. This law applies to any company doing business in the UK with an annual turnover of £36 million or more.