Thema:Sonstiges, Corporate Governance Publikationsform:Sonstige, Fachartikel, Vorschriften
Today section 54 of the UK’s Modern Slavery Act 2015 comes into force, and the Home Office has published its guidance. Modelled on the Californian Transparency in Supply Chains Act 2010, s54 will require many large businesses to start producing public “slavery and human trafficking statements”. This briefing sets out who will be affected, when, what will be required and what may be expected. It also addresses some particular issues arising for global businesses.
“Modern slavery” refers to the exploitation of people or the coercion of people to work. The ILO estimate that 21 million people are currently subject to conditions of forced labour.
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