Responsible Business, Ethical Finance – Building the Future with Conviction and Values
Introduction
At Hussaria Group Ltd, we are fully aware of our responsibility in combating modern slavery and human trafficking. As a financial services company operating in the United Kingdom, specializing in mortgage loans, insurance, and financial advisory services, we are committed to maintaining the highest ethical standards. Our operations are built on integrity, transparency, and respect for human rights.
1. Our Business and Commitment
Hussaria Group Ltd operates within the UK’s financial services sector, providing tailored mortgage solutions, insurance products, and professional financial advice. Our mission is not only to deliver top-quality services but also to ensure that our operations and supply chain remain free from any form of exploitation.
We understand that financial institutions play a key role in preventing modern slavery by implementing robust due diligence procedures in relationships with clients, suppliers, and business partners. Therefore, we enforce strict policies and controls to prevent any form of exploitation.
2. Policies and Procedures
To support our commitment to ethical business practices, Hussaria Group Ltd has implemented the following policies and procedures:
- Employee Verification and Compensation: We ensure that all our employees have the legal right to work in the United Kingdom. Before being added to the payroll system, they must provide valid identification and employment status documentation. Additionally, all employees receive at least the national minimum wage, with our company striving to ensure fair compensation.
- Due Diligence and Risk Assessment: We conduct thorough vetting and risk assessments of all business partners, suppliers, and external service providers to ensure compliance with human rights standards.
- Code of Ethics: Our internal ethical policies reinforce a zero-tolerance approach to modern slavery, ensuring that all employees and stakeholders adhere to fair employment practices.
- Supplier Standards: We expect our suppliers and business partners to comply with the Modern Slavery Act 2015, and we regularly monitor their adherence to these requirements.
- Whistleblowing Mechanism: We provide a confidential reporting channel to enable employees, clients, and business partners to report any concerns regarding unethical practices.
- Training and Awareness: We conduct regular training for our employees to raise awareness of human trafficking risks and exploitation.
3. Supply Chain Management
As a financial services provider, our supply chain is relatively limited. However, we take proactive measures to ensure compliance among all external entities, including IT providers, legal firms, marketing agencies, and administrative service providers. We conduct regular audits and compliance checks to ensure adherence to human rights and anti-slavery regulations.
4.Employment Agencies & Contractors
While we rarely use agency-hired staff, when we do, we require all contracts to include clauses ensuring compliance with the Modern Slavery Act 2015. This guarantees that all agency workers provided to us are recruited and managed according to the highest ethical standards.
5. Compliance and Continuous Improvement
Hussaria Group Ltd continually assesses and enhances our anti-slavery measures to ensure full compliance with UK regulations. We actively engage with industry organizations, regulators, and ethical committees to stay informed about best practices and evolving legal requirements.
6. Conclusion
We are committed to promoting fair and ethical business practices across all aspects of our operations. Modern slavery and human trafficking have no place in our company or the financial sector. This statement has been prepared in accordance with section 54(1) of the Modern Slavery Act 2015 and represents Hussaria Group Ltd’s approach for the financial year 2024/2025.
This statement has been approved by the Board of Directors of Hussaria Group Ltd and is publicly available on our website.
Date 31.12.2024
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