Modern Slavery Act Statement 2024
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 (the “Act”) for Verition Advisors (UK Partners) LLP (“Verition”) in respect of the financial year ended December 2023.
Our Business
Verition is a limited liability partnership incorporated in England and Wales. It is an investment advisory firm authorised and regulated by the Financial Conduct Authority.
Our Commitment
Verition is committed to taking appropriate steps designed to ensure it conducts its business without modern slavery in either its business or its supply chains. Modern slavery as referred to in the Act includes slavery, servitude and forced or compulsory labour, and human trafficking.
Our Supply Chain
Verition's supply chain is predominantly made up of business and professional service organisations or providers. Having reviewed the requirements of the Act in the context of its business, Verition believes that its business and supply chain are at low risk of involvement in instances of modern slavery.
Policies and Procedures
Verition has various policies and procedures in place designed to address compliance with applicable laws and regulations, including in relation to recruitment and employment, whistleblowing, discrimination and harassment, bribery and corruption and money laundering. Appropriate due diligence is also undertaken when onboarding vendors and suppliers with an expectation that all providers adhere to relevant laws. These policies and procedures are periodically reviewed to ensure they remain effective and training is provided to relevant staff members.
This statement has been approved by Verition's senior management, on 6th June 2024.