Modern Slavery Transparency Statement

The Modern Slavery Act 2015 (“the Act”) seeks to address the role of UK businesses in preventing modern slavery as defined in the Act from occurring in their supply chains and organisations. This Statement is made in line with Section 54 of that Act and sets out the approach taken by Amia Capital LLP (“the Firm”) to ensure that modern slavery is not taking place in its business or supply chain. In particular, we have considered the following:

  1. Organisation structure, business and supply chains;
  2. Policies in relation to slavery and human trafficking;
  3. Due diligence processes;
  4. Risk assessment and management;
  5. Effectiveness of steps being taken; and
  6. Staff training on modern slavery and trafficking.

1. Organisation structure, business and supply chains

Amia Capital LLP provides investment management services to its clients and is authorised and regulated by the UK Financial Conduct Authority. It does this in line with its regulatory obligations and to the highest professional standards. This Statement also covers Amia Capital Advisors Limited, a corporate member of Amia Capital LLP.

2. Policies in relation to slavery and human trafficking

It is the Firm’s policy to ensure that its business and supply chains are free from modern slavery and human trafficking, in line with its broader commitment to acting ethically and with integrity in all its operations. As such, the Firm will take appropriate and reasonable risk-based measures in order to minimise the risk of this taking place, including in line with its obligations under the Act and other relevant legislation and rules. The Firm carries out comprehensive background and other checks in line with best practice and regulatory requirements before we employ a new member of staff. In addition, staff are subject to range of protective policies, including:

  • Equal Opportunities Policy;
  • Bullying and Harassment Policy;
  • Whistleblowing Policy; and
  • other relevant policies and procedures.

3 Due diligence processes

The Firm seeks to ensure that no services provided to the Firm in the pursuance of the provision of its own services is obtained by means of slavery or human trafficking. The Firm does not enter into business with any other organisation, in the United Kingdom or overseas, which knowingly supports or is otherwise found to involve itself in modern slavery. As an investment manager we operate in a sector which we consider to be at relatively low risk of modern slavery occurring. We do not have an extensive nor complex supply chain, and most third-party services we consider to be of low risk of involving modern slavery. We do not operate in any countries ranked as high risk by the Global Slavery Index.

4. Risk assessment and management

The Firm only deals with third-party suppliers which it believes to be reputable, and on which it carries out risk-based due diligence on an initial and ongoing basis.

5. Effectiveness of steps taken

The Firm will continue to monitor its operations, and those of its supply chain using a risk-based approach in order to identify potential risk areas.

6. Staff training on modern slavery and trafficking

Staff responsible for selecting third-party supplier are aware of the need to be vigilant regarding the risk of modern slavery. Where the Firm considers it appropriate training on modern slavery will be offered to staff.

Review Procedure and Publication

This Statement will be reviewed annually and updated where necessary to reflect changes in circumstances and actual practice.