Modern Slavery Act Review and Modern Slavery Database
The government is conducting an independent review of the Modern Slavery Act 2015 (MSA) and is also introducing a Modern Slavery Database (MSD).
Why does it matter?
After three years of the MSA being in force, the independent review will focus on the operation and effectiveness (and any potential improvements to) of the MSA. Findings of the review are set to be published in March 2019.
The Home Office has also requested that relevant companies register for a MSD, and publish up-to-date statements by 31 March 2019, following which the government plans to publish a list of non-compliant businesses.
What action should you take?
Your company should consider signing up to the MSD if they have not done so, though strictly speaking there is no legal requirement (yet) to do so under the MSA.By 31 March 2019, you should also ensure that your company’s statements are up-to-date and fulfil the requirements set under the MSA (c. 40% of all companies reaching the turnover threshold have not yet done so). Whilst the 31 March 2019 deadline might not align with any legal deadline under the MSA, companies should consider publishing their statement early to avoid potential reputational issues associated with appearing on a list of non-compliant businesses.