Following today's amendments to the Government's guidance on the Modern Slavery Act transparency requirements, Chris Cartmell, senior solicitor at PwC, said:
"Businesses will welcome the Home Office's further guidance and clarity on the Modern Slavery Act 2015 (MSA). The Government is committed to stamping out this heinous crime and the MSA is a key part of that initiative.
“However, while there have been prosecutions brought against individuals involved in modern slavery and human trafficking, which have resulted in significant prison sentences, the MSA currently offers limited enforcement powers against corporates who do not take their compliance obligations seriously.
"We are helping clients to proactively manage the risks of modern slavery and human trafficking in their businesses and supply chains, however not every organisation either understands or is committed to compliance.
“We would encourage the Government to consult with companies, charities, NGOs and advisors to consider what options may be available to ensure compliance with the MSA.
"One option may be an extension of the corporate "failure to prevent" offence which has proved successful with bribery and corruption and which has recently been adapted to cover tax evasion."
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