Trowers & Hamlins

Sign up

Home » Resources » Articles » Non-SMEs face new rules to stamp out modern slavery in UK and overseas

Non-SMEs face new rules to stamp out modern slavery in UK and overseas

Non-SMEs face new rules to stamp out modern slavery in UK and overseas

Implications for construction sector

Confirmation on the Transparency in Supply Chains (TISC) clause in the Modern Slavery Act – taking effect from October 2015 – will mean that any UK firm with a turnover above £36m and operating overseas or solely in the UK will be required to complete an annual slavery and trafficking statement.

And from October 2016, companies with a turnover above the threshold will be expected to publicly share their policies and strategies to tackle modern slavery in their supply chains.

Victoria Ball comments on the implications for construction firms in Construction Manager.  To read the article, click here