Modern Slavery Statement

Our corporate values and policies promote ethical business practices.  We have a zero tolerance of slavery, servitude and forced or compulsory labour and human trafficking. We are committed to our values and Corporate Social Responsibility and Corporate Ethics Policies.

This statement is made pursuant to s.54 of the Modern Slavery Act 2015 and sets out the steps that Global Asset Finance Limited has taken and continues to take to ensure there is no slavery or human trafficking within our business or our supply chains.

We are committed to preventing slavery and human trafficking in our corporate activities and to protecting people from slavery and human trafficking.

Global Asset Finance Limited is a global financial services company providing Invoice Factoring, Invoice Discounting, Invoice Finance, Trade Finance, Asset Finance & Leasing, Construction Finance, Export & Import Finance, Recruitment Finance, Property Development Finance, and Bridging Loans.

It delivers such services to Corprates and SMEs in more than 300 industry sectors worldwide. Please visit our financial services

Our Corporate Ethics and Corporate Social Responsibility policies support our commitment to acting ethically and with integrity in our own business and all our business relationships.

They also drive the implementation and enforcement of effective systems and controls to ensure that slavery and human trafficking is not taking place anywhere in our supply chains.

Supply Chain and Suppliers
Global Asset Finance Limited has reviewed its supply chains and procurement processes, conducting a risk assessment of the sectors and geographical locations in which its suppliers operate. Based on our review we are confident that the risk of modern slavery within Global Asset Finance Limited and our suppliers is very low.

Due Diligence/Risk Management/PIs
Our suppliers are procured directly by with the oversight of our Procurement Manager and an appropriately authorised Accountable Executive in accordance with our documented procurement procedure.

Suppliers must provide information about their anti-bribery, money laundering and other financial crime controls, Code of Conduct and similar policies, approach to equality and diversity, health and safety and practices relating to the environment.  With the introduction of the Modern Slavery Act 2015, they must also attest that they are not knowingly involved in modern slavery.

Modern Slavery Statement

Employees, Contractors and Business Partners
We respect and support the human rights of our employees, contractors  and business partners. They have access to our Code of Conduct and Whistleblowing Policies. They are encouraged to raise any concerns about their treatment by the Company and anyone working within it in confidence and without fear.

Future plans
We are committed to continuing to develop our understanding of the issues and mitigating the risks involved in modern slavery. We will continue to review our policies, processes and controls, and with a growing number of suppliers we will improve the mapping of our supply chain to identify areas of risk.

We will continue to provide the necessary resources and investment to ensure that our company policies and procedures are up to date, relevant and understood.

This statement has been approved by our Board of Directors and will be reviewed annually.

Stephen M Gruenewald
Managing Director

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