- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
There is far more modern slavery in the United Kingdom than one might think, but regulatory efforts have led to a sharp rise in referrals, awareness, and detection of forced labour.
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Some of the world’s top brands including confectioners, jewellers, and cosmetics giants are failing to disclose slavery and trafficking risks that might be present in their operations and supply chains, according to a report by a U.K.-based human rights campaign group.
With a new political regime ready to take over in the U.S., the effectiveness of sanctions against malign foreign actors like Russia, North Korea, and Iran have come into question. While the European Union and U.K. have increased sanctions pressure, critics have publicly asked: Is it enough?
Data governance has become a key concern for companies, especially when the EU AI Act and General Data Protection Regulation have put a premium on handling data responsibly and ensuring that artificial intelligence does not cause harm.
