Updated Guidance On Reporting Requirements: Modern Slavery And Payment Practices

The Government has recently issued updated guidance to businesses that are required to produce modern slavery statements and to report on their payment practices.

Updated guidance on modern slavery supply chain transparency statements

Modern slavery has been described by the Prime Minister, Theresa May, as "the great human rights issue of our time". The Modern Slavery Act 2015 requires large organisations to publish statements on their website setting out the steps that they have taken to prevent modern slavery in their own organisation and in their supply chains.  After just over a year of compliance with the new regime, the Government has issued updated guidance on preparing and publishing transparency statements.