Anti modern slavery policy statement
Modern slavery is a heinous crime and a violation of fundamental human rights. It takes various forms, such as slavery, servitude, forced and compulsory labour and human trafficking, all of which have in common the deprivation of a person’s liberty by another brutally to exploit them for personal or commercial gain. It is the great human rights issue of our time.
Business must not be knowingly or unknowingly complicit in this horrendous and sickening crime.
The Group has a zero-tolerance approach to modern slavery, and we are committed to acting ethically and with integrity in all our business dealings and relationships both with our staff and our suppliers, and to implementing and enforcing effective systems and controls to ensure modern slavery is not taking place anywhere in our own business or in any of our supply chains.
We are also committed to ensuring there is transparency in our own business and in our approach to tackling modern slavery throughout our supply chains, consistent with our disclosure obligations under the Modern Slavery Act 2015. We expect the same high standards from all of our contractors, suppliers and other business partners.
The Group’s Structure and its business supply chains:
The Group operates in the Financial Services Sector in the Isle of Man, in Jersey and, through a branch office, in the UK.
Modern Slavery Act Statement
The Group is committed to upholding recognised human rights through the way we operate. We have a ‘Anti-Slavery and Human Trafficking Policy’ (“Anti-Slavery Policy”) in place which demonstrates our commitment to trading ethically and fairly. We are also committed to improving our practices to ensure we effectively combat slavery and human trafficking from occurring within our business and our supply chain. We impose the same high standards on our suppliers, contractors and other business partners.
Our Commitments and Policies
Our anti-slavery commitments (contained in our Anti-Slavery Policy) reflect our requirements to act ethically and with integrity in all our business relationships. These commitments also require us to implement effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains.
As part of our initiative to identify and mitigate the risk of slavery and human trafficking taking place in our business we have in place systems and policies to:
- Identify and assess potential risk areas and unethical behaviour
- Ensure that we only work with suppliers who abide by our Anti-Slavery Policy, or adhere to similar principals and ethical guidelines
- Mitigate the risk of slavery and human trafficking occurring
- Protect whistle blowers
- Investigate all claims of unethical behaviour
We have zero tolerance of slavery and human trafficking. To ensure all those in our supply chain comply with our values we have contractual obligations on our suppliers to ensure they are and remain compliant with the Modern Slavery Act 2015.
Approval and Financial Year
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our slavery and human trafficking statement.
This Statement has been approved by the Board of Directors of the Manx Financial Group Plc.