The Modern Slavery Act and big business - The Global Legal Post
Deok Joo Rhee considers what the Modern Slavery Act 2015 means for big business and the value of being a leader in the field of prevention.
Theresa May, the new British prime minister, has recently announced that £33.5 million from the UK's aid budget is to go towards funding overseas initiatives to deal with the people trafficking trade, alongside a new taskforce that is to co-ordinate the UK Government's response to modern slavery.
This initiative comes off the back of the enactment by the UK Parliament of the Modern Slavery Act 2015, which was promoted and delivered by Theresa May during her tenure as home secretary. The law was passed in response to the reality that slavery is present in the UK (as elsewhere), including in the supply chains of everyday products that British people consume.
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