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ARTICLE · 01 OCTOBER 2015

Modern Slavery Act 2015 – Transparency In Supply Chains

Wedlake Bell LLP
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The Modern Slavery Act 2015 ("the Act") consolidates and updates protections against human trafficking and slavery.

United KingdomGovernment, Public Sector
Adam Grant
Adam Grant

The Modern Slavery Act 2015 ("the Act") consolidates and updates protections against human trafficking and slavery. Although wide ranging, the most eye catching part of the Act for businesses will be section 54, which sets out requirements for transparency in supply chains and imposes annual reporting requirements.

What obligations does section 54 impose?

Any business with a turnover of at least £36 million per year which supplies goods and services in the UK will be obliged to create and publish an annual slavery and human trafficking statement ("the Statement"). The qualifying test is wide and can take into account revenue generated by group companies in the UK and overseas. The Statement needs to set out the steps that an organisation has taken to ensure that slavery and/or human trafficking has not taken place both within its own organisation and within its own supply chain.

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