Australian Modern Slavery Reporting Reminders and Resources

04 March 2021

Modern slavery is an umbrella term covering human trafficking, slavery, servitude, forced labor, debt bondage, forced marriage and child labor. Enacted in 2019, the Australian Modern Slavery Act mandates that companies based, or operating, in Australia with a revenue of AUD 100 million are now required to annually disclose the risk of modern slavery in their operations and supply chains to the Australian Border Force. Entities with an annual financial reporting period between 1 July to 30 June (Australian Financial Year) are required to submit their statement by 31 March 2021.

TRACE regularly publishes resources related to global compliance issues including modern slavery and related topics. Here is a selection of useful resources:

TRACE WHITE PAPER

Leveraging Anti-Bribery Compliance Programs to Address Human Rights in a Post-COVID-19 World

Covers:

Recent developments contributing to corporate and legal focus on human rights
Points of overlap between human rights and anti-bribery compliance
Six primary areas where anti-corruption programs can readily incorporate human rights elements

Download white paper

TRACE eLEARNING MODULE (Member-Only)

Avoiding Trafficking Labor

Covers:

The requirements of global trafficking-related statutes.
How to recognize and communicate human trafficking risks to stakeholders.
Best practices for formulating a plan to identify and avoid trafficked labor in your supply chain and other areas of your business.

Access the TRACE LMS

Not a member? Request a course demo account.

TRACE PODCAST: BRIBE, SWINDLE OR STEAL

Human Trafficking featuring Martina Vandenberg, Founder and President of the Human Trafficking Legal Center

Covers:

Patterns of trafficked labor in supply chains
How HT Legal holds traffickers accountable through civil litigation and criminal restitution

Listen now

TRACE members also benefit from access to Australia-specific compliance resources in the TRACE Resource Center including:

webinars on modern slavery reporting and human rights violations;
a comprehensive country bulletin covering key considerations to address before working with commercial intermediaries in Australia;
gifts and hospitality guidelines;
contact information for our Australian partner firm and other useful materials.

Not a TRACE member? Schedule a call with our compliance experts to learn how TRACE’s exclusive member tools and resources can enhance your procedures and maximize your compliance budget.