Modern Slavery Statement
Modern Slavery Statement
Bank of Africa United Kingdom is committed to preventing modern slavery and human trafficking in all its operations and supply chains.
Our Commitments
- Zero-tolerance approach to modern slavery
- Ethical, transparent and responsible business conduct
- Systems and controls to prevent forced labour or human trafficking
- High standards required from all contractors, suppliers and business partners
Customers & Counterparties
We uphold strict confidentiality and take steps to ensure that our banking systems are not used to hide the proceeds of crime. We apply human rights and modern-slavery considerations in our due diligence and financing processes.
Within the Bank
We uphold internationally recognised human rights standards, including:
- International Bill of Human Rights
- UN Guiding Principles on Business and Human Rights
- International Labour Organisation (ILO) Standards
Policies, training and whistleblowing mechanisms support a safe and respectful workplace.
Supply Chain
We maintain:
- Procurement policies
- Supplier Code of Conduct
- Due diligence procedures for vendors
- Obligations on suppliers to prohibit forced or child labour
Protecting the Financial System
We maintain strong financial crime controls to prevent criminals from using the banking system to conceal illegal activities.
Governance
The Modern Slavery Statement and Supplier Code of Conduct are updated annually and reported to the Board.