This is the Crestbridge Group’s declaration, made pursuant to section 54(1) of the UK Modern Slavery Act 2015 on behalf of Crestbridge Corporate Holdings Limited and all legal entities which are direct or indirect subsidiaries of Crestbridge Corporate Holdings Limited (the “Crestbridge Group” or “Crestbridge”) and details its stance and approach to human trafficking and modern slavery. It sets out the steps that Crestbridge Group has taken to ensure that human trafficking and modern slavery is not taking place in any supply chains or in any part of its business for the financial year 2021/22. This declaration will be refreshed annually.
Crestbridge is an independent provider of administration, accounting, management and governance services to fund managers, financial institutions, family offices and ultra-high net worth individuals with a specialism in private equity and real estate activity with a number of international offices, including the United Kingdom. Crestbridge employees act with integrity in all client and business relationships, demonstrating professional standards that put the client first. Crestbridge looks to be a dynamic and progressive employer committed to excellence through nurturing our people, supporting our clients’ ambitions, consistently delivering the highest quality work, and doing right by our communities. This includes ensuring that unlawful child labour, human trafficking and modern slavery do not take place in our supply chain or our business. Crestbridge is active in the financial services sector which is lower risk in terms of such activities occurring and has a relatively small supply-chain.
Through policies and procedures, training and ongoing oversight of employees and business relationships, Crestbridge seeks to raise and maintain awareness of the risks of human trafficking and modern slavery. This extends to due diligence undertaken on potential new clients and supply chain partners and undertaking a regular review of existing relationships to identify any potential changes. Entities or individuals who are involved in modern slavery and human trafficking; may have derived their source of wealth from such activities or who are connected to entities known to be involved in such actitivies are not acceptable. Crestbridge maintains a list of prohibited and high risk sectors, products and delivery channels which is reviewed at least annually and includes a prohibition of undertaking any activities which may be connected to human trafficking or modern slavery.
Employees receive training and are required to raise concerns or suspicions of any such activity either through the Whistleblowing Policy or directly to the Financial Crime team in Group Risk.
Crestbridge has in place a detailed vendor management due diligence process and seeks to only deal with reputable third-party firms. We conduct a risk-based review of vendors and sub-contractors, ensuring that such firms adhere to relevant laws and regulations, including those of human trafficking and modern slavery.
This statement was approved by the Strategic Leadership Team on behalf of Crestbridge on 18 May 2022