The MSA requires that the statements are discussed at senior management level and approved by the Board of Directors, Members, or Partners (who signs it is dependent on the type of company it is). This ensures senior level accountability, leadership and responsibility for modern slavery and gives it the serious attention it deserves.
A board of directors (B of D) is a group of individuals that are elected as, or elected to act as, representatives of the stockholders to establish corporate management related policies and to make decisions on major company issues.
A member must sign when it is a limited liability partnership. A member is a partner in a business who is only liable for the money they invest in the business, not the business or other partners.
A partner must sign when it is a limited partnership, or any other type of organisation. Partners have management control, share the right to use partnership property, share the profits and have joint and liability for debts of the partnership.
For further information on approval of a statement please read the Home Office Guidance, page 13.