
Time to Comply: the Modern Slavery Act 2015
SECTION 54 OF THE UK MODERN SLAVERY ACT 2015 REQUIRES COMMERCIAL ORGANISATIONS WHICH SUPPLIES GOODS OR SERVICES AND CARRIES ON A BUSINESS IN THE UK WITH A TURNOVER THRESHOLD OF £36mn TO PUBLISH AN ANNUAL MODERN SLAVERY AND HUMAN TRAFFICKING STATEMENT. THIS STATEMENT MUST SET OUT THE STEPS TAKEN IN THE FINANCIAL YEAR TO IDENTIFY AND EXCLUDE MODERN SLAVERY FROM THEIR OWN BUSINESSES AND SUPPLY CHAINS. 1. What is modern slavery? While the definition of modern slavery can vary, it