Modern Slavery Act and Schuldschein: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add link to UN Guiding Principles on Business and Human Rights report.)
 
imported>Doug Williamson
No edit summary
 
Line 1: Line 1:
''UK law and social responsibility''.
A loan instrument usually governed by German law.


(MSA).
Schuldschein is sometimes translated as 'certificate of indebtedness'.


The UK Modern Slavery Act 2015 requires larger UK companies to publish statements setting out the steps they have taken to eradicate slavery and human trafficking from their operations and supply chains.


Schuldscheine are bilateral loans, privately placed, unlisted and unregistered. 


== See also ==
They are not securities as the debt is legally constituted by the underlying loan agreement, rather than by the certificate of indebtedness itself.
* [[Corporate social responsibility]]
* [[Ethics]]
* [[Fair trade]]
* [[Reporting]]
* [[Sustainability]]




==Other links==
Historically the largest category of Schuldschein issuers has been German public authorities, but the market is also tapped by corporate borrowers and financial institutions.
[https://www.ohchr.org/Documents/Publications/GuidingPrinciplesBusinessHR_EN.pdf Guiding Principles on Business and Human Rights]


[[Category:Accounting,_tax_and_regulation]]
 
[[Category:Ethics_and_corporate_governance]]
Also known as Schuldscheindarlehen (SSD).

Revision as of 11:46, 26 March 2013

A loan instrument usually governed by German law.

Schuldschein is sometimes translated as 'certificate of indebtedness'.


Schuldscheine are bilateral loans, privately placed, unlisted and unregistered.

They are not securities as the debt is legally constituted by the underlying loan agreement, rather than by the certificate of indebtedness itself.


Historically the largest category of Schuldschein issuers has been German public authorities, but the market is also tapped by corporate borrowers and financial institutions.


Also known as Schuldscheindarlehen (SSD).