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"This statement has been prepared to comply with section 54 of the UK Modern Slavery Act (2015) and section 14 of the Australian Modern Slavery Act (2018). These leading pieces of legislation require businesses such as the Schroders Group (‘Schroders’ or the ‘Group’) to assess and report on the risks of modern slavery practices within our business operations and supply chain, and the measures we have taken to address these risks. This statement provides an update on the progress we have made during 2020 and outlines our plans for 2021."