This Modern Slavery and Human Trafficking Statement is a response to Section 54(1), Part 6 of the Modern Slavery Act 2015 and relates to actions and activities for the financial year ending 31 March 2022.
Fenchurch Advisory Partnership LLP ('we', 'us' or 'our') is committed to preventing slavery and human trafficking violations in its own operations, its supply chain, and its products. We have zero-tolerance towards slavery and require our supply chain to comply with our values.
Fenchurch Advisory Partnership LLP is a limited liability partnership and has business operations in the United Kingdom and the United States of America.
We operate in the financial services sector. The nature of our supply chains is as follows. We work with a number of key direct suppliers, who provide us with goods, such as financial information, equipment for our premises, and services, such as outsourced IT support services.
For more information about us, please visit our website: https://www.fenchurchadvisory.com/Home.
We operate a number of internal policies to ensure that we are conducting business in an ethical and transparent manner. These include our procurement policy, whereby we seek to ensure that potential suppliers are committed to ensuring that slavery and human trafficking are not taking place within their own supply chains. Our procurement policy and supporting procedures set out controls and checks undertaken to help verify this.
As part of our efforts to monitor and reduce the risk of slavery and human trafficking occurring in our supply chains, we have adopted a Know Your Supplier policy to assess the risk of slavery as well as corruption in our supply chain and for approving suppliers.
Our due diligence procedures aim to:
Risk and compliance
We have evaluated the nature and extent of our exposure to the risk of slavery and human trafficking occurring in our UK supply chain through:
We do not consider that we operate in a high-risk environment because the majority of our supply chain is based in the UK and in low-risk industries, such as financial information provision, IT support services and office support services.
We do not tolerate slavery and human trafficking in our supply chains. Where there is evidence of failure to comply with our policies and procedures by any of our suppliers, we will seek to terminate our relationship with that supplier immediately.
We use Key Performance Indicators (KPIs) to measure our effectiveness and ensure that slavery and human trafficking is not taking place in our business and supply chains. We will carry out a regular audit of our suppliers over a de minimis threshold, which will cover 100% of suppliers each year.