Large private businesses, including the likes of John Lewis, Arcadia and Virgin Atlantic, should have to follow the same corporate governance requirements as public listed companies, according to MPs.
Rolls-Royce has agreed to pay hundreds of millions of pounds to the Serious Fraud Office (SFO), the US justice department and Brazilian regulators after a four-year investigation into bribery and corruption.
The end of September is a key cut-off point for large employers required to publish their first modern slavery statement.
Updated to highlight the significance of 30 September 2016 for large employers with a financial year that runs from 1 April to 31 March.
Large employers must publish a modern slavery statement for each financial year ending on or after 31 March 2016. The Government recommends that the statement be published within six months of the end of the organisation's financial year. If this runs from 1 April to 31 March, publication of the first statement is expected by 30 September 2016. What do you have to consider when writing a modern slavery statement, how should it be structured and what can it contain?
A fivefold rise in the number of modern slavery reports shows that efforts to highlight the issue are working, according to the Home Office.
Definition from the XpertHR glossary.
Employers in the banking sector must comply with tough new requirements as part of major regulatory reform. What impact will this have on how HR deals with references? Sarah Ozanne, Of Counsel at law firm CMS, explains.
We discuss the recent Employment Appeal Tribunal decision in British Gas Trading v Lock and another and take a look at the reporting requirement on larger companies to provide modern slavery statements.
HR and legal information and guidance relating to regulatory compliance.