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MSA Ownership Disclosure
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Question
Does the company disclose the ownership structures (or business models) of its brands, subsidiaries, and other businesses?
Yes
Yes, No
updated 12 months ago by Jeffrey Weng
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1 Citations
added over 1 year ago by Lucia Ixtacuy
Comments

The statement discloses that it has three subsidiaries: SME Invoice Finance Limited, SME Asset Finance Limited, and RDM Factors Limited.

Jeffrey Weng.....2020-08-01 04:00:55 UTC

 

The UK Modern Slavery Act requires that organisations disclose their structure, business, and supply chains. This is to allow those assessing the statements to understand the boundaries of the statement and to support the identification of risk based on business models, location of operations and supply chains, and goods and services sourced and workforce.


Methodology

Does the company disclose the ownership structure(s) and/or business model(s) of each of its brands, subsidiaries, and other businesses covered by their Modern Slavery statement?

Such disclosures can include, whether its businesses, brands, and subsidairies are:

  • owned and managed by the reporting company
  • leased
  • managed properties
  • franchised properties
  • joint ventures

If the company provides any such details in their statement, please select "Yes", providing details (such as quotations and page numbers) in the comment section.

If no such information is disclosed in the statement, please select "No".

* Note on choosing the Year of your answer

Read the MSA Statement carefully to find out what year it covers. When a statement is referring to a Financial Year (FY) ending in Q1, it should be labeled with the previous year.

Example:

Statement for FY2018/19 ending in March 2019 = 2018

Statement for FY2018/19 ending in April 2019 (or later) = 2019

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