Final Commonwealth guidelines for Modern Slavery Act reporting entities released
The Australian Department of Home Affairs recently released the final Commonwealth Guidance for Modern Slavery Act Reporting Entities.
The release of these gudielines means there are no excuses for reporting entities not to be taking active steps (such as those set out in our Practical Guide) to ensure they are ready to submit a compliant modern slavery statement.
To recap, the Modern Slavery Act 2018 (Cth) requires all reporting entities to submit a modern slavery statement which covers seven mandatory criteria which explain the reporting entity’s actions to assess and address modern slavery risks in its operations and supply chain.
Since the Modern Slavery Act came into force and the Draft Commonwealth Guidelines were released, a number of issues have come into question. These non-binding Final Commonwealth Guidelines help to clarify and address those issues.
For more information on the Guidelines, go to https://www.maddocks.com.au/final-commonwealth-guidelines-for-modern-slavery-act-reporting-entities-released/
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