‘On 27 March 2025 the Home Office published an update to its statutory guidance on supply chain transparency under s54 of the Modern Slavery Act (MSA). The guidance arrives at the tenth anniversary of the MSA. Introduced at the close of the Cameron government, the legislation was described by then Home Secretary Teresea May as ‘world leading’ . However, a House of Lords select committee recently concluded that ‘the world has changed and best practice has moved on’ and that transparency measures are now regarded as ‘too limited to have significant practical impact’. It is estimated that over a third of eligible firms in the UK are failing to comply, and that this is largely attributable to uncertainty surrounding their reporting obligations, delays to the issuing of statutory guidance,[1] and limited enforcement mechanisms.’
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Doughty Street Chambers, 24th April 2025
Source: insights.doughtystreet.co.uk