Statement addressing Slavery and Human trafficking for FY 2017-18
ICICI Bank UK Plc is registered as a public limited company. The Bank is a wholly owned subsidiary of ICICI Bank Limited (the Parent Bank), which is the second largest bank in India and the largest private sector bank in India. The Bank offers a range of personal, business and corporate banking services in the UK and Europe.
The Bank acknowledges the requirements of the Modern Slavery Act 2015 and will ensure compliance within the organisation and its supply chains.
The Bank has established a policy on slavery and human trafficking. This states that the Bank will not support or deal with any businesses knowingly involved in slavery or human trafficking. The Bank ensures that staff are given adequate training to mitigate the risk of slavery and human trafficking taking place within its business and operations.
The Bank has outsourced some processes to the Parent bank and external firms. Additionally, the Bank procures goods and services in the UK, Germany and Belgium from various service providers based in EU and other countries. The outsourced service providers, together with the suppliers, make up the supply chains for the Bank.
The Bank has the necessary affirmations from its service providers that they have processes and procedures in place to comply with the requirements under the Modern Slavery Act 2015.
The Directors and Senior Management shall take responsibility for implementing the policy statement and its objectives and ensure that staff are given adequate training to mitigate the risk of slavery and human trafficking, if any, taking place within the Bank.
MD & CEO
January 21, 2019