Glossary

Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!

UK Modern Slavery Act

The UK Modern Slavery Act enacted in 2015 imposed new reporting obligations. Irrespective of where their head office is located, companies that do business in the United Kingdom must disclose what steps they take to counter human trafficking and forced labour in their supply chain.