Modern Slavery Policy

Modern Slavery Policy

Oxford Risk is a limited company and has no parent or holding company, subsidiaries, or affiliates. Oxford Risk is controlled by its directors and managed by its chief executive officer. Oxford Risk’s office is located in London, England. Oxford Risk designs, develops and delivers software that helps people make better financial decisions over the course of their life.

Oxford Risk considers that modern slavery encompasses:

·       Human trafficking

·       Forced work, through mental or physical threat

·       Being owned or controlled by an employer through mental or physical abuse or the threat of abuse

·       Being dehumanised, treated as a commodity or being bought or sold as property

·       Being physically constrained or to have restriction placed on freedom of movement

Oxford Risk acknowledges its responsibilities under the Modern Slavery Act 2015 and is committed to preventing slavery and human trafficking within its own businesses and in its supply chains. Oxford Risk understands that this requires an ongoing review of both its internal practices in relation to its staff and its supply chains.

Oxford Risk has a zero-tolerance policy towards modern slavery. It will refrain from entering into business, and/or will discontinue any current business with any other organisation which knowingly supports or is found to involve itself in slavery, servitude and forced or compulsory labour.

No labour provided to Oxford Risk in the performance of its services is obtained by slavery or human trafficking. Oxford Risk strictly adheres to the minimum standards under relevant employment legislation in theUnited Kingdom, and in many cases, exceeds those standards in relation to its employees.

Oxford Risk considers its exposure to modern slavery to be limited. Nonetheless, it has taken steps to ensure that such practices do not take place in its business nor the business of any organisation that supplies goods and/or services to it.

In the operation of its business, Oxford Risk’s main supply chain is limited to cloud-services providers, upon which we build our products.Oxford Risk considers its main exposure to the risk of slavery and human trafficking to exist in its supply chain.

Oxford Risk has instituted due diligence processes appropriate for a business of our size in this sector to ensure slavery and/or human trafficking does not take place in its supply chains.

Oxford Risk has not, to its knowledge, conducted any business with another organisation which has been found to have involved itself with slavery and/or human trafficking.

Oxford Risk will seek to discontinue business with any first-tier supplier found by the enforcement authorities to be involved in modern slavery.

Oxford Risk encourages use of its whistleblowing policy to report any concerns regarding modern slavery and will investigate any complaints thoroughly.

Assessment

To ensure effectiveness in combatting modern slavery, OxfordRisk maintains a supplier list including contact details.  It will act in response to reports of modern slavery in its supply chains, and any complaints made under its whistleblowing policy will be handled according to the policy.

All concerns regarding modern slavery should be addressed to an Oxford Risk director. The directors will undertake an annual review of OxfordRisk’s obligations towards eradicating modern slavery within its organisation and supply chains.