{"id":3198,"date":"2023-06-09T10:07:09","date_gmt":"2023-06-09T09:07:09","guid":{"rendered":"https:\/\/www.mavensecurities.com\/?page_id=3198"},"modified":"2024-02-12T16:21:36","modified_gmt":"2024-02-12T16:21:36","slug":"modern-slavery-statement","status":"publish","type":"page","link":"https:\/\/www.mavensecurities.com\/modern-slavery-statement\/","title":{"rendered":"Modern Slavery Statement"},"content":{"rendered":"<h3>Slavery and Human Trafficking Statement<\/h3>\n<p>This statement is made pursuant to section 54 of the Modern Slavery Act 2015 (the \u201cAct\u201d) and constitutes our\u00a0 modern slavery and human trafficking statement (\u201cStatement\u201d) for the financial year commencing 1 July 2022 and ending 30 June 2023.<\/p>\n<p>This Statement is made on behalf of the following entities:<\/p>\n<ul>\n<li>Maven Securities Holding Limited<\/li>\n<li>Maven Investment Partners Ltd<\/li>\n<li>Maven Europe Ltd<\/li>\n<\/ul>\n<p>collectively, the Maven entities (the \u201cMaven Entities\u201d), which are part of the wider Maven group of companies\u00a0 (the \u201cGroup\u201d).<\/p>\n<p>The Group firmly condemns modern slavery and human trafficking and acknowledges the importance of \u00a0complying with the Act. The Group always operates in accordance with its core values and is committed to \u00a0acting with integrity and fairness in all its business dealings and relationships. The Group continues to \u00a0implement and enforce effective systems to ensure modern slavery does not take place anywhere in its own \u00a0businesses or within those of its suppliers.<\/p>\n<p>The Group specialises in multi-strategy trading and market making within the financial sector. To support the\u00a0 Group\u2019s trading business, the Group licenses trading data from stock exchanges and purchases IT software and\u00a0 hardware. The Group\u2019s supply chain is limited and mainly includesIT software and hardware providers, exchanges\u00a0 and clearing institutions, data providers and professional advisors. The Group therefore considers the risk of\u00a0 modern slavery and human trafficking within its supply chain to be low. However, the Group is aware that modern\u00a0 slavery and human trafficking can happen in any sector of activity.<\/p>\n<p>The Maven Entities employ just over 285 employees who are based in the UK, the Netherlands, Australia, Hong\u00a0 Kong and Singapore. Most of the Group\u2019s employees are highly skilled professionals so the likelihood of these\u00a0 individuals being at risk of modern slavery or human trafficking is low. All employees are employed on contractual\u00a0 terms that comply with applicable law, including those in relation to working conditions and pay. The Group also\u00a0 conducts robust background checks on prospective employees to help prevent unethical behaviour throughout\u00a0 its business.<\/p>\n<p>The Group has the following policies in place to assist with the detection and prevention of modern slavery within\u00a0 its operations and supply chains:<\/p>\n<ul>\n<li><strong>Code of Conduct<\/strong> \u2013 to assist employees in maintaining proper conduct in relation to the Group\u2019s business.<\/li>\n<li><strong>Outsourcing Policy<\/strong> \u2013 ensures that the Group considers any risks related to the outsourcing of regulated\u00a0 activities in accordance with applicable regulations and guidelines.<\/li>\n<li><strong>Whistleblowing Policy<\/strong> &#8211; outlines the procedure for employees to anonymously report any suspected\u00a0 wrongdoings, including modern slavery and human trafficking, either directly to the Group or the FCA.<\/li>\n<li><strong>Dignity at Work Policy<\/strong> \u2013 sets a clear standard of acceptable behaviour for the Group\u2019s employees and outlines the procedure for reporting incidents of bullying and harassment in the workplace.<\/li>\n<\/ul>\n<p>The Group continues to provide a training course on modern slavery to all employees through the Group\u2019s e learning platform. The training is designed to educate employees on how to recognise signs of modern slavery.\u00a0 The Group also hosts events such as the recent Social Mobility Panel Event, where external partners were invited\u00a0 to share their insights and experience in addressing socioeconomic inequality. We believe that by promoting a\u00a0 bottom-up approach, the Group will help protect itself from any potential risks associated with modern slavery.<\/p>\n<p>This statement was approved by the relevant Boards of Directors on 9 January 2024 and will be reviewed annually\u00a0 to ensure that it continues to align with the Group\u2019s duties under the Act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Slavery and Human Trafficking Statement This statement is made pursuant to section 54 of the Modern Slavery Act 2015 (the \u201cAct\u201d) and constitutes our\u00a0 modern slavery and human trafficking statement (\u201cStatement\u201d) for the financial year commencing 1 July 2022 and ending 30 June 2023. This Statement is made on behalf of the following entities: Maven [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Modern Slavery Statement - Maven Securities<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mavensecurities.com\/modern-slavery-statement\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Modern Slavery Statement - Maven Securities\" \/>\n<meta property=\"og:description\" content=\"Slavery and Human Trafficking Statement This statement is made pursuant to section 54 of the Modern Slavery Act 2015 (the \u201cAct\u201d) and constitutes our\u00a0 modern slavery and human trafficking statement (\u201cStatement\u201d) for the financial year commencing 1 July 2022 and ending 30 June 2023. 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