Source: Charles Russell Speechlys.

The European Parliament’s recent approval of the Forced Labour Regulation marks a significant step towards banning goods produced with forced labour in the EU market. This regulation, alongside the Corporate Sustainability Due Diligence Directive (CSDDD), requires companies to conduct thorough human rights and environmental due diligence in their operations and supply chains. With strict consequences for violations, including product prohibition and fines, businesses must align with these standards to prevent forced labour risks and ensure compliance before the FLR implementation in 2027. Delve deeper into this transformative legislation here.

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