On 20 April 2020, the UK government published guidance for companies on how to approach their Modern Slavery Act statements during the COVID-19 pandemic. To help us improve GOV.UK, we’d like to know more about your visit today. Portions of this blog may constitute attorney advertising. … in 30 Seconds. The … Added a link to the Coronavirus (COVID-19): reporting modern slavery for businesses guidance page.

Request an accessible format. Home > Dispute Resolution > UK Releases Guidance on Modern Slavery Act Reporting. You can find additional guidance below, that you may find helpful as you address the modern slavery risks in your business’ operations and supply chains. The statement does not need to follow a prescribed form, but the suggested content includes describing: The organisation’s structure, its business, and supply chains, Policies and staff training relating to slavery and human trafficking, Due diligence processes relating to slavery and human trafficking in the company’s business and supply chains, The parts of its business and supply chains that are at risk of having slavery and human trafficking occur, as well as the steps taken to assess and manage that risk, The organisation’s effectiveness in ensuring that slavery and human trafficking are not occurring in its business or supply chains, measured against identifiable performance indicators. Coronavirus (COVID-19): There have been some important updates due to the impact of coronavirus on businesses and their supply chains. Earnouts Are Rising Across Europe, But Can They Unlock COVID-19 Valuation Gaps? This file may not be suitable for users of assistive technology. New modern slavery business guidance added. The Australian Border Force has developed guidance for entities impacted by the coronavirus (COVID-19) pandemic about how to report under the Modern Slavery Act 2018 and key actions entities can take to reduce the risk of vulnerable workers in their operations and supply chains becoming exposed to modern slavery as a result of … Impact of coronavirus on reporting under the Modern Slavery Act 2018.

Don’t worry we won’t send you spam or share your email address with anyone. Given that many businesses are now re-evaluating their operating models because of COVID-19, they should take such analysis as an opportunity to reassess their supply chains and embed their Modern Slavery Act reporting requirements. Latham & Watkins operates in South Korea as a Foreign Legal Consultant Office. Government guidance for organisations on how to ensure that slavery and human trafficking is not taking place in their business or supply chains. This is not intended to be, and should be approached, as a compliance exercise. Impact of coronavirus on reporting under the Under the new guidance, businesses can delay publishing their Modern Slavery Act statements by up to six months without penalty, if due to COVID-19 related pressures. We use cookies to collect information about how you use GOV.UK. If you use assistive technology (such as a screen reader) and need a The government has stressed that businesses should continue to identify and address risks of modern slavery in their operations and supply chains; however, businesses can delay publishing their statements by up to six months without penalty, if necessary, because of the pandemic. version of this document in a more accessible format, please email alternativeformats@homeoffice.gov.uk.