November 29, 2020

Volume X, Number 334

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New Slavery and Human Trafficking Statements: Coming into Force Today

The new obligation on commercial organisations over a certain size to publish a slavery and human trafficking statement has come into force today.

There will, however, be transitional provisions to allow affected businesses sufficient time to understand the new requirements and produce a statement.

  • Businesses with a year-end date on or after 31 March 2016 will be the first businesses required to publish a statement for their 2015-16 financial year.

  • Businesses with a year-end date on or before 30 March 2016 will not be required to publish a statement for the 2015-2016 financial year of the organisation. So, for example, a business with a financial year end of 31 December 2015 will have to produce its first statement for the financial year ending 31 December 2016.

The Act does not set a time limit for when a statement must be published, but the Government has indicated that it expects businesses to publish their statements “as soon as reasonably practicable” after the end of the financial year and in all cases no later than six months after the year end.

As promised, the Government has also published a practical guide for affected businesses which includes further details on which businesses will be affected and “guidance” on the information that could be included in a slavery and human trafficking statement.

© Copyright 2020 Squire Patton Boggs (US) LLPNational Law Review, Volume V, Number 303
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TRENDING LEGAL ANALYSIS

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About this Author

Sarah K. Rathke, Squire Patton Boggs, Manufacturing Litigation
Partner

Sarah Rathke is a trial lawyer specializing in manufacturing litigation, particularly complex supply chain disputes. She has argued and tried cases on behalf of manufacturers in forums throughout the US. Her clients include foreign, domestic, and multinational manufacturing entities. Her skills include a deep understanding of the process of bringing highly engineered products to market and conveying that understanding to judges and juries.

Sarah has litigated supply chain disputes involving automotive, aerospace, medical, construction and office...

216 479 8379
Dynda A. Thomas, SquirePattonBoggs, Mergers and Acquisitions Lawyer
Partner

Dynda Thomas has extensive experience in the areas of mergers and acquisitions and project finance. She has had principal responsibility for numerous mergers, acquisitions and dispositions for public and private companies in a wide range of sell-side and buy-side auctions and negotiated transactions.

As leader of the Squire Patton Boggs’ conflict minerals team, Dynda focuses on relevant industries’ best practices in working with clients’ legal, procurement and compliance groups. She advises on developing and reviewing procurement policies,...

216 479 8583
Simon Garbett Litigation Attorney Squire Patton Boggs Birmingham, UK
Partner

Simon Garbett is a partner working out of our Birmingham and London offices and is head of the Litigation team in Birmingham. Simon’s practice is global in scope and includes both public and private sector clients. Areas of key focus are cross-border disputes, manufacturing, supply chain and product liability issues (particularly in the aerospace, automotive and industrial products sectors), as well as a broad range of financial services litigation, including for banks, brokers, insurers and pensions clients. Simon is a qualified Solicitor Advocate.

Simon’s main area of expertise...

44 121-222-3390
Caroline Noblet, Squire patton Boggs, employment matter lawyer, multijurisdictional litigation attorney, London
Partner

Caroline Noblet co-leads our Labor & Employment Practice Group and is based in our London office. Caroline has approximately 25 years of experience as an employment lawyer, advising a broad range of businesses including FTSE 100 and 250 companies. She is responsible for some of the firm’s key global accounts, as she co-ordinates and advises in relation to all matters of employment law, on multijurisdictional and local issues. She is passionate about the benefit a “one-stop” shop service can bring to clients, in terms of the effective and efficiency of legal services...

44 20 7655 1473
Hannah Kendrick Corporate Attorney Squire Patton Boggs Leeds, UK
Partner

Hannah leads our Corporate Practice in Leeds and has a wide range of experience advising both public and private companies on mergers and acquisitions, fundraisings, takeovers, restructurings and reorganisations.

Her work varies between UK and cross border and she works closely with executives, in-house legal teams and general counsel both in the UK and globally.

Hannah is a member of the Regional Advisory Group of the London Stock Exchange plc for the North East.

44 113-284-7620
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