Modern Slavery Act 2015
At Mazars, we understand that supply chains are often dynamic and complex. Globalisation of both supply and demand, the requirement for greater flexibility and the development of new business models have all contributed to the challenge of managing the supply chain effectively.
The introduction of the Modern Slavery Act 2015 (MSA 2015) may create further challenges by testing the ability of the business to comply with the requirements and for suppliers to provide clear statements of compliance, both in the UK and internationally.
Our FAQs cover the corporate requirements of the Act and how they will impact your business.
- What is the MSA 2015?
- What is slavery?
- What is the principal requirement for companies?
- To which organisations does the MSA 2015 apply?
- When does the MSA 2015 become effective?
- What happens if organisations don’t comply with the MSA 2015?
- How should companies update their processes?
Our in-depth expertise has been developed by working with a wide range of companies and their supply chains around the world as well as through our position as one of the lead architects of the United Nations Guiding Principles Reporting Framework. As a result, we are ideally placed to help companies start their journey of understanding how to manage their supply chain risk. We can help companies identify their greatest risks and advise on the most efficient and effective approach to implementing appropriate processes.
If you are interested in finding out more about the implications of the Modern Slavery Act, please contact Richard Karmel, Partner in UK, Global Head of Business and Human Rights.
Want to know more?
Award from the Chhange
In November 2015, WeiserMazars LLP was named the first recipient of the Corporate Leadership Award from the Center for Holocaust, Human Rights & Genocide Education (Chhange) in appreciation of the firm’s exceptional philanthropic initiatives and commitment to human rights.