Introduction
This statement highlights OxFORD’s approach to understanding all potential modern slavery risks related to its business, and the steps it has taken to ensure that slavery is not taking place in any of its supply chains or in any part of its business, in compliance with s54 of the Modern Slavery Act 2015. OxFORD recognises its responsibility to prevent slavery and human trafficking, and seeks to ensure there is no slavery or human trafficking in its own business or in its supply chains.
Supply Chain
OxFORD is committed to improving its practices to combat slavery and human trafficking in its business and supply chain. Oxford Asset Management LLP is based in the UK, and is an investment manager with a limited supply chain of mainly UK based suppliers. They include, amongst others, companies involved in professional services, IT and technology, catering, facilities management and security. OxFORD takes a thorough approach in choosing to associate with reputable suppliers and continues to review these business relationships to ensure compatibility. OxFORD has undertaken an assessment in relation to the risk of slavery or human trafficking by its suppliers, and OxFORD is satisfied that the risk is low.
Staff Awareness
The vast majority of OxFORD’s staff are highly educated professionals. OxFORD has robust recruitment practices, including pre-employment background checks for all staff members and the use of reputable recruitment agencies. OxFORD considers the risk of modern slavery and trafficking within the business to be very low.
The senior management team has been made aware of the issues and risks surrounding modern slavery and trafficking. Staff members involved with suppliers are made aware of the risks of modern slavery and have sufficient skills to recognise and raise any potential issues.
This statement will be reviewed annually and updated as required and has been approved by OxFORD’s senior management.
This statement relates to financial disclosures from 1 April 2023.
Mark Garfield
Chief Compliance Officer
April 2023