Modern Slavery Statement for the Financial Year 2023/2024
Fintech Valley LTD
This statement is made pursuant to s.54 of the Modern Slavery Act 2015 and sets out the steps that Fintech Valley LTD, registered at 960 Capability Green, Luton, Bedfordshire, United Kingdom, LU1 3PE (company number 11456625), has taken and is continuing to take to ensure that modern slavery and human trafficking are not taking place within our business or supply chain.
Our Business
Fintech Valley LTD is committed to driving high standards of corporate ethics and human rights throughout our business activities and supply chain. We specialize in providing innovative financial technology solutions that simplify the management and movement of money across global markets. Our commitment to integrity and ethical practices is reflected in every aspect of our operations.
Our Supply Chains
Our supply chains include the procurement of digital infrastructure, software components, and professional services. We are dedicated to continuously evaluating and auditing our suppliers and partners to uphold and enforce our values against modern slavery and human trafficking.
Policies on Slavery and Human Trafficking
Fintech Valley LTD maintains policies to ensure that we are conducting business in an ethical and transparent manner. These include:
- Modern Slavery Policy: Sets forth guidelines to prevent exploitation and human trafficking in our operations and supply chain.
- Supplier Code of Conduct: Requires all suppliers to commit to the same standards of ethics and compliance, including the eradication of modern slavery.
Due Diligence Processes for Slavery and Human Trafficking
We have in place systems to:
- Identify and assess potential risk areas in our supply chains.
- Monitor potential risk areas in our supply chains.
- Protect whistleblowers.
Risk and Compliance
Fintech Valley LTD has evaluated the risks of modern slavery and human trafficking associated with its supply chains and operations. We have implemented strict compliance checks and auditing processes to ensure these risks are managed effectively.
Training
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we provide training to our staff. We also require our business partners to provide training to their staff and suppliers.
Measuring Effectiveness
We use the following key performance indicators (KPIs) to measure how effective we have been in ensuring that slavery and human trafficking is not taking place in any part of our business or supply chains:
- Number of audits carried out in the supply chain.
- Number of suppliers verified as compliant with our Modern Slavery Policy.
- Training levels of employees and management.
This statement has been approved by the board of directors of Fintech Valley LTD and is made pursuant to a resolution dated 10.01.2024.
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Martins Bergmanis
Director
15.01.2024