UK Modern Slavery Act
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 (“the “Act”) and constitutes our slavery and human trafficking statement for the financial year ending 31 December 2016.
PJT Partners (UK) Limited (“the Firm”) provides financial advisory and fund placement services to a wide range of institutions and corporations. Given the nature of the Firm’s business in the UK is to solely provide financial advisory services, its own supply chains are limited in number and scope.
In order to provide its advisory services The Firm broadly has four supply chains:
- Services provided by external professional advisers (e.g. legal, accounting)
- Services provided by certain outsourced functions (e.g. IT analysts, cleaners, catering staff)
- Suppliers of goods (e.g. telecom and IT suppliers, office furniture, stationary)
- Utility providers
In response to the recent introduction of the UK Modern Slavery Act, the Firm has not undertaken any detailed steps to verify that none of its current suppliers are involved in slavery and human trafficking. However, the Firm is satisfied that given its determination to employ the services of only high-quality and reputable suppliers and its relatively low reliance on suppliers generally that there is a low risk of any such issues arising at the Firm.
The Firm will continue to ensure that as its business develops it remains focused on ensuring that its supply chain complies with the requirements of the Act.
PJT Partners (UK) Limited