Modern Slavery Act

MoneyMovr Limited (trading as 'Money Mover') has taken steps to understand all potential modern slavery risks related to its business, in accordance with Section 54 of the UK Modern Slavery Act (2015).

As part of the financial services industry, MoneyMovr Limited recognises its responsibility to take a robust approach to slavery and human trafficking. We are committed to preventing slavery and human trafficking both in our corporate activities and our supply chain. We expect, and take measures to ensure that all our contractors, suppliers and business partners comply with the same high standards.

Organisational structure

MoneyMovr Limited is a UK based company that provides international payments and foreign exchange services and is authorised and regulated by the Financial Conduct Authority (FCA). MoneyMovr Limited has fewer than 50 employees in the UK, and a wholly-owned subsidiary in Canada, MoneyMovr (Canada) Limited with fewer than 10 employees.

Organisational policies and approach

MoneyMovr Limited operates of number of policies to ensure a transparent and ethical approach to in conducting its business. These include:

  1. Whistleblowing Policy – this policy ensures that employees can identify and report suspicious activity, including and not limited to suspected modern slavery or human trafficking, without fear of reprisal.
  2. New Employee Screening & Onboarding Policy – This policy ensures comprehensive due diligence on all existing and potential employees, verifying each employee’s eligibility to work in the UK to safeguard against human trafficking or individuals being forced to work against their will.
  3. Outsourcing Policy – third parties that provide goods and services are subject to due diligence checks and monitoring, especially when the outsourcer is considered material.
    Organisational policies and approach continued…

Supply Chain

The supply chain includes employee recruitment agents, IT and telecommunication providers as well as general office supplies and maintenance. Geographically, MoneyMovr Limited’s suppliers are predominantly based in the UK. None based in higher-risk jurisdictions according to the Global Slavery Index. All suppliers, clients and employees are subject to risk assessment and due diligence checks. As such MoneyMovr Limited is confident that it ensures transparency and efficiency in its business and approach to tackling modern slavery and human trafficking.

MoneyMovr Limited will review all internal policies regularly and at least on an annual basis, to ensure the continued effectiveness and improvement of the way in which it conducts its business.

Management Approval

This statement has been approved by the Board of MoneyMovr Limited and is made in accordance with section 54 of the Modern Slavery Act (2015), for the financial year ending 30 November 2019.