Recommendation 15

The Government must review the Modern Slavery Act 2015 and make changes to Section 54 to improve transparency. In particular the Government should: a. Change provision 54(5) such that the areas of reporting in modern slavery statements become mandatory. b. Remove the provision in which companies are allowed to claim to have taken ‘no steps’ to address modern slavery. c. Introduce penalties and name and shame scheme for companies not disclosing Modern Slavery statements. d. Consider the creation of failure to prevent offences like those set out in the Economic Crime and Corporate Transparency Act 2023. (Recommendation, Paragraph 80)