Human Trafficking Prevention Disclosures May Be in the Offing
The federal government is considering laws requiring companies to disclose what they are doing to prevent suppliers and other third parties from engaging in any form of human trafficking.
Partner William Shepherd said, “The focus has shifted based on lessons learned by the government through its Foreign Corrupt Practices Act and anti-trust efforts. Based on the resources they have, the government has made a decision that this is an issue that needs to be addressed on a global scale and they will create that change by forcing businesses around the world to somehow police this themselves. Otherwise, it is an impossible challenge. They are not going to hire a million new FBI agents to travel the globe and see if U.S. businesses have what the statutes would define as human trafficking in their supply chain. They are just going to make the businesses do it themselves and, if they don't do it, they do so at their own peril.”
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