This statement is made with respect to Odey Asset Management LLP under section 54(1) of the Modern Slavery Act 2015 (the “Act”). Odey Asset Management (“Odey”) has its head office in London. Odey has a zero tolerance to slavery and human trafficking. Staff are expected to report any and all concerns and management are expected to act upon them.
Odey is a financial services firm and we provide management services to our clients. We are regulated by the Financial Conduct Authority of the United Kingdom (the “FCA”) and are subject to the FCA rules in relation to corruption, bribery and money laundering. We consider that, overall, the risk of slavery and/or human trafficking in all areas of our business is low and we are satisfied that our employees are not exploited.
Odey is committed to ensuring there is no modern slavery or human trafficking in any part of our business and take our responsibilities in this area seriously. Odey has a range of well-established policies which aim to ensure good business practice and reflect our commitment to act ethically and with integrity in all our business relationships. Examples include:
Our business sector is not considered to be one most at risk and we consider the services we provide are very unlikely to be affected by slavery. Our principle suppliers are professional services firms based in the UK and other low risk countries such as Ireland and the USA. We recognise that routine catering and cleaning suppliers may have a higher risk of slavery and human trafficking and ensure we make enquiries where we consider it necessary.
All Odey employees have the necessary documentation to legally work in the UK and no one under the legal minimum age for admission to work is employed by us. Employment verification is performed according to current Home Office requirements.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our group's slavery and human trafficking statement for the financial year ending 2020.
Tim Pearey | CEO