Stuart Neely (UK)

Photo of Stuart Neely (UK)
Firm/Organization: Norton Rose Fulbright
Blogs: Consumer products law blog, Financial services: Regulation tomorrow

Latest Articles

Major international companies in the agricultural, clothing and extractive industries have recently been assessed in respect of human rights standards in their businesses and supply chains. The 2018 Key Findings Report issued by the Corporate Human Rights Benchmark (CHRB) was released on 12 November 2018. The report scored 101 of the largest publicly traded companies in the world on a set of human rights indicators built on the UN Guiding Principles on Business and Human…
In November 2018, the Business and Human Rights Resource Centre released its third annual assessment of FTSE 100 companies’ modern slavery disclosure under the UK Modern Slavery Act 2015 (the MSA). The MSA, requires companies with a turnover of not less than £36 million to produce an annual statement outlining the steps they have taken to tackle forced labour and human trafficking in their operations and supply chains. FTSE 100 companies are the largest in…
Earlier this year, the Indian Parliament enacted the Prevention of Corruption Act (Amendment) Act 2018 (the Act) in July, effecting a raft of changes to the Prevention of Corruption Act 1988 (PCA). Those set out below are worthy of particular note for businesses operating in India. It is now an offence for any person to give or promise to give an “undue advantage” to a person intending to induce or reward a public servant to…
Earlier this year, the Financial Action Task Force (FATF) together with the Asia Pacific Group on Money Laundering (APG) published a report analysing the financial flows associated with human trafficking. The report: summarises indicators of financial transactions that are laundering the proceeds of human trafficking (e.g. multiple wages being paid into one account, rapid in/out transactions following receipt of wages); identifies challenges and good practices in detecting, investigating and prosecuting money laundering from human trafficking;…
2017 marks the first year when all companies covered by the UK Modern Slavery Act 2015 must publish a statement. Under section 54 of the Act – which is similar to the California Transparency in Supply Chains Act – commercial organizations that do business in the UK and have a global turnover of at least £36 million in any financial year are required to publish a slavery and human trafficking statement. The statement must state the steps they…