A recent English court ruling has shed light on the approach of UK enforcement authorities to the question of money laundering risks where there is potential forced labour / modern slavery in a supply chain. The ruling will...more
2/22/2023
/ Due Diligence ,
Forced Labor ,
Human Rights ,
Human Trafficking ,
International Criminal Court ,
Modern Slavery Act ,
Money Laundering ,
National Crime Agency (NCA) ,
NGOs ,
Proceeds of Crime Act 2002 (POCA) ,
Supply Chain ,
UK ,
Uyghur Forced Labor Prevention Act (UFLPA)
An express absolute discretion has been held to be just that. It was not restricted by any implied duty to act in good faith or Braganza-style duty....more