Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for the Foreign Commonwealth and Development Affairs, with reference to reports of HSBC allegedly facilitating investment in Xinjiang Tianye Ltd, what plans she has to create a modern slavery risk register to prevent UK financial services investing in companies overseas which are complicit in atrocity crimes.

On 24 March 2021, the Government announced a review of the 2014 Modern Slavery Strategy.

In the meantime, to further enhance transparency, the Government launched an online GOV.UK registry for modern slavery statements. This service enables investors, consumers, Non-Governmental Organisations and others to scrutinise the effectiveness of the actions being taken and monitor progress across sectors over time.