Businesses face increasing costs for supply chain compliance

In this article — Businesses facing increasing costs for supply chain compliance — we review the Modern Slavery Act and its implications for business reporting obligations. With increasing global attention to this issue, it is important for businesses to establish policies and procedures setting clear expectations for all representatives to act ethically at all times. Further legislation requiring businesses to take certain steps to prevent the risk of forced or child labour is anticipated in the future.This article is authored by John Valley, partner, Osler’s Corporate group and Chair: Environmental, Social and Governance group; Alan Kenigsberg, a partner in Osler’s Tax Group; Malcolm Aboud, Counsel in Osler’s Risk Management and Crisis Response Group and Disputes department; Chelsea Rubin, an associate in Osler’s Competition/Antitrust, Foreign Investment and International Trade Groups, and Sarah Firestone, an associate in Osler’s Disputes department.Osler Legal Outlook is brought to you by Osler, Hoskin & Harcourt LLP. Osler is a leading, national law firm with a singular focus — your business. We advise clients on an array of domestic and cross-border legal issues, drawing on the expertise of over 600 lawyers to provide the answers you need, when you need them.Osler Legal Outlook provides general information only and does not constitute legal or other professional advice. Specific advice should be sought in connection with your circumstances.For more information about Osler and for the full Osler Legal Outlook, please visit our website at osler.com.