Kharis & Knoble Modern Slavery Act Statement
Kharis and Knoble Financial Services (“K & K”, “the Company”, “we”, “our”) has a zero-tolerance approach to modern slavery. We are committed to acting ethically and with integrity in all our business dealings and relationships. Modern slavery is a crime and a violation of fundamental human rights. The Company recognises this takes various forms, such as slavery, servitude, forced and compulsory labour and human trafficking, all of which have in common the deprivation of a person’s liberty by another to exploit them for personal or commercial gain.
The Company is committed to ensuring there is transparency in its business and in its approach to tackling modern slavery throughout its supply chains, consistent with its disclosure obligations under the Modern Slavery Act 2015. The Company expects the same standards and commitment from all its suppliers, contractors, and other third-party associates.
K & K is a risk and compliance specialist company founded in 2021, focusing on providing innovative and cost-effective solutions with global reach.
Operating principally in the UK, Europe, Middle East, and Africa, through a network of consultants, the Company provides consulting services in governance, risk, and compliance to organisations of various sizes.
Integrity, Passion and Knowledge are the core values of our business. We expect our people to adhere to these values in their daily actions and we are committed to improving our processes to help combat slavery and human trafficking.
OUR SUPPLY CHAINS
Given the industry in which we operate we do not have an extensive supply chain network. Our supply chains include, amongst others: IT hardware and software; cleaning and catering services; advertising and print services and professional services,
OUR POLICIES ON SLAVERY AND HUMAN TRAFFICKING
We are committed to acting in accordance with our core values in all our business relationships. We will review our systems and controls so that these remain effective in ensuring slavery and human trafficking is not taking place anywhere in our supply chains.
DUE DILIGENCE PROCESSES FOR SLAVERY AND HUMAN TRAFFICKING
We identify and assess the risk of potential slavery and human trafficking risk areas in our supply chains using several factors including the supplier’s geographical location and the industry in which they operate. As part of our initiative to identify and mitigate the potential risk we assess all existing and new suppliers and have in place a supply chain compliance programme, which consists of:
- Requiring all staff to comply with this statement policy and to avoid any activity that might lead to, or suggest, a breach of this policy.
- Requiring suppliers to agree to comply with the Modern Slavery Act and that they will adhere to our principles before they are approved and included in or allowed to continue to be included in, our supply chain.
- All new suppliers are required to agree to contractual obligations to avoid slavery and human trafficking and all existing contracts will include these contractual obligations at the next renewal or extension.
- Encouraging all staff and third-party associates to raise any concerns about any issue or suspicion of modern slavery in any parts of the business or supply chains of any supplier tier at the earliest possible stage and to notify their point of contact (as applicable).
- All managers who are responsible for procurement of goods and / or services must ensure that the Company’s zero-tolerance approach to modern slavery is communicated to all third-party associates during the procurement process and / or at the outset of each business relationship.
- Protect staff from victimisation or retaliation if they raise concerns about slavery and human trafficking, even if raised in error.
- We will take any allegation of potential slavery and human trafficking seriously and we will investigate any allegation diligently.
To raise awareness of the potential risks of slavery and human trafficking, we provide guidance and training to support our employees’ understanding of expected behaviours. All staff have access to this policy statement and are made aware of the risks of modern slavery and human trafficking in our supply chains and our business.
OUR EFFECTIVENESS IN COMBATING SLAVERY AND HUMAN TRAFFICKING
We will know the effectiveness of the steps that we are taking to ensure that slavery and/or human trafficking is not taking place within our business or supply chain if no reports are received from employees, clients, suppliers, third party associates, members of the public, or law enforcement agencies to indicate that modern slavery practices have been identified.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes K & K’s slavery and human trafficking statement for the financial year ending 31 December 2021.
The Board of Directors has approved this Statement and authorised the CEO, acting individually, to sign this Statement.
Signed for and on behalf of Kharis & Knoble Financial Services Limited