How do you ensure compliance with a modern slavery act?

How do you ensure compliance with a modern slavery act?

Companies should request and review copies of their suppliers’ Modern Slavery statements and conduct audits of those falling into the highest risk categories. Include consideration of modern slavery within your supplier risk reviews and maintain a register of key risks and actions.

Do I have to comply with the Modern Slavery Act?

It does not matter which sector you operate in or whether you are based outside of the United Kingdom. If your business operates within the United Kingdom and fits the other criteria above, your business will need to comply with the Act.

What is modern slavery compliance?

Modern slavery act compliance programme requirements are unique in that they are designed to encourage better business practices through transparency. Enforcement therefore is driven by informing public, consumer, employee and investor groups that demand more from the businesses they work with.

What is Section 54 of the Modern Slavery Act?

Executive summary. In 2015, the Government of the United Kingdom (Government) introduced section 54 (section 54) of the Modern Slavery Act 2015 (MSA). Section 54 requires businesses with a certain annual turnover to publish a ‘slavery and human trafficking statement’ (MSA statement) every year.

How can modern slavery be improved?

These include:

1. Highlight your commitment – publish a slavery and human trafficking statement to demonstrate the steps your business is taking to prevent modern slavery.
2. Implement policies – develop new policies and adapt existing ones to address the elimination of modern slavery.

How do you manage modern slavery?

Conducting a Modern Slavery audit

1. Check your modern slavery statement.
2. Identify modern slavery risks.
3. Conduct supplier due diligence.
4. Perform human rights due diligence.
5. Review workplace modern slavery policies.
6. Appoint someone to take the lead.
7. Train your staff.
8. Use modern slavery best practices.

Does the Modern Slavery Act 2015 apply to your business?

The Act will apply to all commercial organisations supplying goods or services with a minimum turnover of £36 million per year, those typically termed “large businesses”. …

What are the 4 types of modern slavery?

Forms of modern slavery

• Human trafficking.
• Forced labour.
• Debt bondage/bonded labour.
• Descent–based slavery.
• Slavery of children.
• Forced and early marriage.

How can we stop modern slavery?

1. Action Library. Ways to get involved in the fight against human trafficking and modern-day slavery.
2. Buy Slave Free. Shop with businesses that are transparent, examine their supply chains and buy fair trade or locally-sourced products.
3. Give.
4. Volunteer.
5. Educate.
6. Job Opportunities.
7. Report A TIP.
8. Advocate.

Who is most at risk of modern slavery in the UK?

4 The top five nationalities of potential victims of modern slavery recorded through the NRM in 2017 were UK nationals, Albanian, Vietnamese, Chinese, and Nigerian.

Who must report on modern slavery?

Under the reporting requirement, certain large entities must publish annual Modern Slavery Statements (statements) describing their actions to assess and address modern slavery risks. The reporting requirement applies to commercial and not for profit entities with annual consolidated revenue of at least AU$100 million.

How do you monitor modern slavery?

How to spot modern slavery in your supply chain

1. Make your staff aware of your slavery and human trafficking statement.
2. Ask your supplier the right questions.
3. Look out for red flags in the supply chain.
4. Coordinate staff training on Modern Slavery.
5. Create a modern slavery whistle blowing policy.

What are the requirements of the Modern Slavery Act 2015?

Under the Modern Slavery Act 2015, organisations conducting business in the United Kingdom with worldwide revenues of at least £36 million are required to publish a transparency statement describing the steps they have taken in the last financial year to ensure their business and supply chains are free from modern slavery and human trafficking.

What happens if you dont comply with Modern Slavery Act?

Aside from this, the main consequence of not making a statement in accordance with section 54 of the Modern Slavery Act, or reporting that it has not taken any steps to prevent slavery or human trafficking from taking place, is likely to be significant damage to an organisation’s reputation and brand.

What are the enforcement provisions of the Modern Slavery Act?

The Act does not contain any enforcement provisions. However, if an organisation fails to produce a Statement for a particular financial year, the Secretary of State has the power to seek an injunction or an order of specific performance, requiring the organisation to comply.

When do you have to publish a modern slavery statement?

Each year, assess whether your organisation meets the criteria for the preceding financial year. If so, publish a modern slavery statement. The Home Office statutory guidance states that you should do this within 6 months of your organisation’s financial year-end.