The Modern Slavery Act 2015 (Transparency in Supply Chains) Regulations 2015 PIR: RPC Opinion (green-rated)
Regulatory Policy Committee opinion on the Home Office's The Modern Slavery Act 2015 (Transparency in Supply Chains) Regulations 2015 PIR
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The PIR is a review of The Modern Slavery Act 2015, which requires commercial organisations over a certain size to produce a slavery and human trafficking statement each year which sets out the steps they have taken to ensure there is no slavery or trafficking in their supply chains or its own business, or states that they have taken no such steps. The purpose of these provisions is to provide transparency, whereby businesses monitor their supply chains with rigour, are open about their risks and how they are mitigating them, listen to their workers and act when they do find issues.
The evidence presented in the PIR provides a sufficient and proportionate basis for the Department’s recommendation to keep the regulations. The use of industry survey responses has enabled a reasonable assessment of the performance of the regulations. The PIR employs a proportionate monitoring approach, however could discuss further the small number of stakeholders surveyed. The policy has been evaluated sufficiently, with the PIR providing a reasonable discussion covering how the regulations meet the initial policy objectives, but should do more to consider the possibility of addressing unintended consequences.
The Department’s recommendation to retain the Regulations is supported by the evidence presented. The PIR demonstrates through qualitative survey evidence that the overall objectives of the policy are still being met.
The PIR is green-rated; fit for purpose.