Ropes & Gray LLP (JD Supra Australia)
New Australian Modern Slavery Reporting Requirements on the Horizon – A Primer for Multinationals
Corporate modern slavery reporting requirements continue to proliferate. Two new Australian Modern Slavery Acts – one proposed by the federal government and the other adopted by New South Wales – will require a significant number of multinationals doing business in Australia to prepare annual modern slavery statements describing their efforts to address modern slavery in their businesses and...
Australia Proposes Modern Slavery Reporting Requirements for Multinationals – An Overview and Comparison to Existing Corporate Modern Slavery Disclosure Legislation
The Australian Government has released a consultation paper proposing the adoption of legislation that would require many multinationals operating in Australia to publicly report on modern slavery risk in their business and supply chains and their related compliance practices. “Modern slavery” includes human trafficking, slavery and slavery-like practices such as servitude, forced labor and debt...