Unicorn Currencies Ltd and Unicorn Currencies Limited (together, "Unicorn Currencies," "we," "our") are committed to preventing acts of modern slavery and human trafficking in our business and supply chains. This statement is made pursuant to Section 54 of the UK Modern Slavery Act 2015 and outlines the steps we have taken during the 2024/25 financial year.
- • Business: Fintech provider of cross‑border payments, multi‑currency accounts and FX services to SMEs.
- • Head office: Silverstream House, Fitzroy St, London W1T 6EB, UK.
- • Supply chain: Cloud infrastructure (AWS, Cloudflare), regulated payment partners, KYC vendors, professional services, office facilities.
| Policy / Procedure | Purpose |
|---|---|
| Code of Conduct | Zero tolerance for forced labour; all staff must report concerns. |
| Supplier Code | Requires suppliers to comply with Modern Slavery Act and ILO standards. |
| Whistle‑blowing Policy | Confidential channel via EthicsPoint for employees, contractors and partners. |
| Recruitment Policy | Direct hiring or audited agencies only; right‑to‑work checks on all staff. |
Oversight sits with the Risk & Compliance Committee (board level), chaired by the COO.
2024 review categories:
- • Data‑centre & cloud providers: Low risk (Tier‑1 providers with published MS statements).
- • Third‑party payment partners: Low–medium risk (regulated entities in UK/EU).
- • Hardware & office supplies: Medium risk (electronics supply chain).
- • Marketing merchandise: Medium risk (textile sector).
We use the Slavery & Trafficking Risk Template (STRT v3) and Dow Jones risk data to score suppliers annually.
- • New suppliers (over £25k): 100% screened for modern‑slavery policy and audit evidence.
- • Contract clauses: All tier‑1 supplier agreements now include right‑to‑audit and immediate termination for breach.
- • On‑site visit: Conducted factory audit of branded‑merch supplier in Leicester; no violations found.
- • Enhanced KYC: Payment partners must provide annual copy of their own MS statements.
- • Mandatory e‑learning: Modern‑slavery module completed by 100% of employees (scores ≥ 90%).
- • Manager workshops: Live scenario training for procurement & HR leads (October 2024).
- • Onboarding: New hires sign Code of Conduct on day 1.
| KPI | 2024/25 Result | 2025/26 Target |
|---|---|---|
| % of key suppliers signed to Supplier Code | 94% | 100% |
| Employee training completion rate | 100% | Maintain 100% |
| Incidents reported / substantiated | 0 | Immediate investigation of any incident |
Anyone can report suspected modern‑slavery risk via:
- • Email: info@unicorncurrencies.com
- • EthicsPoint hotline: +44 808 189 1052 (anonymous)
We investigate within 5 Business Days and escalate to authorities where required.
This statement was approved by the boards of Unicorn Currencies Ltd and Unicorn Currencies Limited on 14 Jun 2025.
For questions about our Modern Slavery Statement, please contact us:
Unicorn Currencies Ltd | Unicorn Currencies Limited
Silverstream House, Fitzroy St, London W1T 6EB, UK
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