Modern Slavery Act

Modern Slavery Statement

Ignata Finance is part of the Ignata private equity group.

This statement is made pursuant to the Modern Slavery Act 2015 and sets out the steps that Ignata Limited has taken and is continuing to take to ensure that modern slavery or human trafficking is not taking place within our business or supply chain.

Modern slavery encompasses slavery, servitude, human trafficking and forced labour. Ignata Finance has a zero-tolerance approach to any form of modern slavery. We are committed to acting ethically and with integrity and transparency in all business dealings and to putting effective systems and controls in place to safeguard against any form of modern slavery taking place within the business or our supply chain.

Our business:

Ignata Finance are a Recruitment agency who recruit for permanent and contract roles covering the below areas;

  • Insurance
  • Investments
  • Pensions & Benefits
  • Banking & Financial Services
  • Change & Transformation 
  • Contract & Interim

High-risk areas:

As Ignata Finance screen all candidates and meet with them personally as well as checking they are fully compliant and have the right to work in the UK, we do not consider our business as high-risk due to the policies and processes we have in place. We are fully aware of every contractor’s payroll provider and have all information required for our LTD company contractors therefore we know which bank account we release funds into. The potential risk regarding our supply chain is also low due to renewing our preferred supplier list of umbrella companies and ensuring the appropriate vetting process has been carried out to eliminate any non-compliant payroll providers.

 

Our policies:

We operate several internal policies to ensure that we are conducting business in an ethical and transparent manner. These include:

  1. Anti-slavery policy. This policy sets out the organisation’s stance on modern slavery and explains how employees can identify any instances of this and where they can go for help.
  2. Recruitment policy. We operate a robust recruitment policy, including conducting eligibility to work in the UK checks for all employees to safeguard against human trafficking or individuals being forced to work against their will.
  3. Whistleblowing policy. We operate a whistleblowing policy so that all employees know that they can raise concerns about how colleagues are being treated, or practices within our business or supply chain, without fear of reprisals.
  4. Code of business conduct.  This code explains the way we behave as an organisation and how we expect our employees and suppliers to act.

Our suppliers:

Ignata Finance operates a supplier policy and maintains a preferred supplier list. We conduct due diligence on all suppliers before allowing them to become a preferred supplier - this due diligence includes an online search and a series of vetting checks. Our anti-slavery policy forms part of our contract with all suppliers and they are required to confirm that no part of their business operations contradicts this policy.

As Ignata Finance currently meet the criteria of the Modern Slavery ACT 2015 legislation. Therefore, by law we need to publish a modern slavery statement which will be reviewed annually. If your business isn’t eligible to the criteria, we do ask that our suppliers abide by this legislation, as we do.

  1. They have taken steps to eradicate modern slavery within their business
  2. They hold their own suppliers to account over modern slavery
  3. (For UK, based suppliers) They pay their employees at least the national minimum wage/national living wage (as appropriate)
  4. (For international suppliers) They pay their employees any prevailing minimum wage applicable within their country of operations
  5. We may terminate the contract at any time should any instances of modern slavery come to light

Training:

We regularly conduct training for our Recruitment consultants/Operational and Finance staff so that they understand the signs of modern slavery and what to do if they suspect that it is taking place within our supply chain.

 

Our performance indicators:

We will know the effectiveness of the steps that we are taking to ensure that slavery and/or human trafficking is not taking place within our business or supply chain if:

  • No reports are received from employees, the public, or law enforcement agencies to indicate that modern slavery practices have been identified.