The Modern Slavery Act 2015 requires certain large organisations to publish a transparency statement on their website for each financial year ending on or after 31 March 2016. The statement must set out what steps the organisation has taken to ensure slavery and human trafficking are not taking place in its business and supply chains.
This briefing gives practical guidance on the requirement to produce a transparency statement under the Modern Slavery Act. It also gives advice on preparatory steps and the wider implications for companies which must prepare a statement for financial years ending on or after 31 March 2016.