by Joanne O’Donnell
In today’s global economy, multinationals face an increasingly complex and evolving legal environment, requiring their compliance functions to constantly adapt. As tackling modern slavery and illegal trafficking is fast becoming a high priority across the world, the changing regulatory landscape makes monitoring of and compliance with legislation particularly challenging for all businesses.
This paper will give an overview of the current regulatory environment as regards modern slavery and illegal trafficking in the supply chain. It will also review emerging laws in the area in order to determine how these may impact your business and how developing laws are becoming part of a new global standard. A review of both existing and emerging legislation, and the manner in which country-by-country legislation tie together, will enable your business to navigate the changing regulatory environment in an efficient, effective manner and thus highlight the need for preventative measures and strong compliance structures.
The study examined 43 prevention initiatives, of which a share of 40% concerned actions in Romania, Bulgaria and Hungary. The vast majority of the (cca 85 %) in the given sample targeted information and awareness-raising measures, followed by capaci...Read More
Bangladeshi victims of trafficking in persons are identified in many countries across the world, as well as in Bangladesh itself. The country’s geographic location contributes to it not only being a significant origin country of victims regionally...Read More
The UK Modern Slavery Act 2015 (Act) was established nearly six years ago and was hailed as a landmark piece of legislation. Its aim was to encourage business to take action to eradicate modern slavery from its operations and supply chains. Fundamen...Read More
Survey data suggests that a minimum, some 229,000 Nepali's were subject to some form of modern slavery in 2014. While some of this involved victims and offenders within Nepal itself, a significant proportion is likely to have been exploited outside ...Read More
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