Modern Slavery Statement

This statement is made pursuant to section 54 of the Modern Slavery Act 2015 (the “Act”) and constitutes our modern slavery and human trafficking statement (“Statement”) for the financial year commencing 1 July 2020 and ending 30 June 2021.
This Statement is made on behalf of the following entities:

  • Maven Securities Holding Limited
  • Maven Investment Partners Ltd
  • Maven Investment Partners US Ltd

collectively, the Maven entities (the “Maven Entities”), which are part of the wider Maven group of companies (the “Group”).

The Group firmly condemns modern slavery and human trafficking and acknowledges the importance of complying with the Act. The Group always operates in accordance with its core values. We are committed to acting with integrity and fairness in all our business dealings and relationships and implement and enforce effective systems to ensure modern slavery is not taking place anywhere in our own businesses or within those of its suppliers. This is supported by the Group’s Whistleblowing Policy. The Whistleblowing Policy outlines the procedure for employees to report suspected wrongdoings anonymously to the Group or directly to the FCA, including modern slavery and human trafficking.

The Group specialises in proprietary trading and market making in the financial sector and therefore, considers the risk of modern slavery and human trafficking within its supply chain to be low. To support the Group’s trading business, the Group licenses market data from stock exchanges and subscribes to financial and IT software. The Group’s suppliers mainly include primarily IT providers, exchanges and clearing institutions, and professional advisors. However, the Group is aware that modern slavery and human trafficking can happen in any sector of activity.

The Maven Entities employ just over 230 employees and as part of the Group’s commitment to prevent unethical behaviour throughout its business, the Maven Entities conduct robust background checks on all employees. However, as employees are highly skilled professionals, the risk of these individuals being at risk of modern slavery or human trafficking is extremely low.

To help manage the risk of slavery and human trafficking in the Group’s business and supply chain, a training course on the issue of modern slavery has been made available to all employees on the Group’s e-learning platform. The purpose of the training is to educate employees on how to recognise signs of modern slavery. We believe that by promoting a bottom-up approach, the Group will help protect itself from any potential risks of modern slavery.

This statement has been approved by the relevant Boards of Directors. The statement will be reviewed annually to reflect the Group’s duties under the Act.