Bill to Require SEC Disclosures on Human Trafficking
U.S. Reps. Carolyn Maloney (D-N.Y.) and Chris Smith (D-N.J.) have introduced the Business Supply Chain Transparency on Trafficking and Slavery Act of 2015. The bill would require large public companies to disclose measures to prevent human trafficking, slavery, and child labor in their supply chains as part of annual ...
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New law adds to forced labor concerns
In recent weeks, companies have learned—some the hard way—that the government is getting even more serious about human trafficking and forced labor issues. While a new law targets international trade, potentially blocking forbidden products at the U.S. border, an expanding view of joint-employer arrangements is also causing concern for domestic ...
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Human Trafficking Lawsuits Expose Companies to Greater Supply Chain Risk
Image: While you were worrying about conflict minerals, class-action lawsuits over cat food and shrimp cocktail have emerged as the new compliance risk. Suits against Nestlé and Costco both claim the companies used shrimp produced using slave labor in Thailand. What’s more, plaintiffs are using required supply chain disclosures from ...
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News BriefCommunication and relationships is increasingly critical for compliance teams
Compliance is increasingly in the spotlight as companies are tackling everything from artificial intelligence and other new technologies to risk management and mitigation. But it’s soft skills of communication and relationship building that are becoming the most critical tools for success.