Modern Slavery Act
This statement is published pursuant to Section 54(1) of the Modern Slavery Act 2015 by Carey Olsen and covers the financial year to 30 June 2017.
Carey Olsen is committed to the highest standards of professionalism, ethical behaviour and integrity in everything we do. We take our responsibilities to our clients, the people who work in our business, our suppliers and the communities in which we do business seriously.
The Profile of Our Business
Carey Olsen is a multi-jurisdictional law firm operating through a number of separately constituted and regulated legal partnerships and companies which provide legal and other client services in accordance with the relevant laws of the jurisdictions in which they operate. We also have a small number of operating and administrative subsidiary companies. We currently operate from offices in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Hong Kong, Jersey, Singapore, South Africa and the United Kingdom. Further details can be found on our website under Legal Notices.
None of the jurisdictions in which we operate has a poor record on modern slavery and human trafficking. We are committed to monitoring developments in the jurisdictions in which we operate through sources such as the Global Slavery Index.
As a supplier of legal services, we operate in a professional services environment with a relatively low risk of modern slavery occurring. We do not rely on extensive or complex supply chains for the purposes of our business.
Policies
Notwithstanding the low risk of modern slavery in our business sector, we are committed to ensuring that we do not permit practices such as modern slavery or human trafficking within our business or in our supply chain.
We have robust recruitment processes which seek to that ensure appropriate checks on new recruits are carried out before the relevant staff member commences employment.
In working for Carey Olsen, our staff are protected by our policies which are intended to reflect and uphold our commitment to a high standard of ethics and integrity in our business. Our policies are regularly reviewed to ensure that they are and remain comprehensive.
We provide all of our staff with relevant training on our policies and procedures to prevent money laundering, to counter the financing of terrorism and to ensure that our services are not exploited by those wishing to conduct other criminal enterprises.
Clients & Suppliers
Before taking on a new client, we conduct due diligence checks. We are constantly reviewing our due diligence processes to ensure that any issues relating to money laundering or other criminal enterprises (including modern slavery or human trafficking) are identified.
In relation to our supply chain, we deal only with reputable suppliers of goods and services. During 2018 we are reviewing our approach to the engagement (and renewal) of suppliers in order to formalise our approach to risk based due diligence.
Governance
As a multi-jurisdictional provider of legal services, we are concerned to ensure that modern slavery issues are considered at both a local and global level within our business. Accordingly, during 2018 we will convene a group comprising of representatives from across our businesses to consider and assess areas of modern slavery risk within our business and our supply chain and to recommend measures to address those risks.
Alex Ohlsson
Carey Olsen
09 February 2018