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Modern slavery

It is estimated there are more than 40 million people in the world living in conditions of slavery or working under forced or compulsory conditions. In the UK, thousands of cases are reported each year, and authorities estimate there are well over 100,000 victims living in the country.

Listen to our podcast on domestic modern slavery

How chartered accountants can counter modern slavery

Thousands of people are forced into some form of slavery each year in the UK. Chartered accountants have a powerful role to play in stopping this.

Key updates

What is modern slavery and why does it matter?

Modern slavery is a serious and often hidden crime in which people are exploited for criminal gain. Modern slavery encompasses slavery, servitude, forced and compulsory labour. The UK’s Modern Slavery Act 2015 defines modern slavery which includes servitude and forced and compulsory labour, existing when a person is ‘held’ or ‘forced’ against their will by another person who knows or ought to know that the other person is being held in slavery or servitude or forced to perform compulsory labour.

Chartered Accountants are in a unique position to effect real and permanent change. Here you will find practical guidance, webinars and other resources, brought to you by the Business and Management Faculty and Business Law Department, related to modern slavery, how to spot it and how to report it.

Watch this short video which explains why it matters.

Articles on modern slavery

Is trust enough? AML and professional scepticism

ICAEW’s latest educational drama film, All Too Familiar, examines the role of professional scepticism in the fight against economic crime. Produced in collaboration with HMRC, the film looks at a real life scenario of how firms and individuals may inadvertently become ‘professional enablers’ for criminals involved in everything from financial fraud to modern slavery and terrorism.

Webinars and podcasts

Forthcoming webinars

Date Webinar title Accessibility and cost Booking
26 May, 1 September, 2 November 2022 Modern slavery – responsibility, detection and accountability
This 3 part series looks at how the concerns about modern forms of slavery have become increasingly prominent in the minds of the public as well as in policy environments. How these concerns translate into the work of accountants, however, are less well understood.
Free to ICAEW Members and non members Book now

On-demand webinars and podcasts

Date recorded Webinar / podcast title Accessibility and cost Booking
8 February 2022 How do we tackle domestic modern slavery?
This podcast looks at the issue of domestic modern slavery, and how authorities and prosecutors look to build a case under the Modern Slavery Act.
Free to ICAEW Members and non members Listen now
28 September 2021

Modern Slavery Act 2015 - how to spot supply chain risk
This webinar considers anticipated changes to the Modern Slavery Act and the potential implications for business and supply chain compliance and transparency.

Free to ICAEW Members and non members Watch now
17 March 2021 Modern slavery: how to prepare a s54 statement – a case study
Pentland Brands explains its approach to preparing a section 54 statement, including how it has evolved over the years and the challenges faced.
Free to Business and Management Faculty members and subscribers Watch now
1 December 2020 5144 reasons you should take the Modern Slavery Act seriously
This webinar from the Business and Management Faculty will provide background on the Act itself, international context and potential developments.
Free to Business and Management Faculty members and subscribers and certain ICAEW communities Watch now
20 October 2020 Supply chain assurance in the retail sector
Join this webinar to hear Abigail Harper take you through a risk-based approach to providing supply chain assurance within the retail sector.
Free to Business and Management Faculty members and subscribers Watch now

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