The boring legal bit

11:FS Modern Slavery Statement

This statement relates to 11: FS Group, including 11: FS Group Limited and 11:FS Foundry Limited and addresses the Modern Slavery Act 2015 (‘the Act’).

Introduction

11: FS is a consultancy company that builds next-generation propositions for challengers in the financial services industry: existing firms looking to innovate, start-ups looking to scale, and everyone in between.

11:FS Policies and Codes of Practices

11:FS prides itself on being an employer who commits to ensuring that we act and and are treated ethically, fairly and with respect and dignity, we ensure that we are continually upholding the highest professional and ethical standards.

All 11:FS Employees and personnel are required to abide by all company policies and workplace practises set out on the company wiki page.

11:FS has Whistleblowing policies and procedures in place to ensure that employees and personnel are free to speak up and raise concerns when they see an action that they view as unethical, unlawful or dishonest.

Suppliers

All 11:FS suppliers  are required to go through an approval process which include due diligence checks. We do not use any suppliers who are engaged in forms of modern slavery. Furthermore, we  expect the same due diligence measures from our suppliers.  

Clients

All 11:FS clients are required to go through stringent KYC due diligence measures based on the jurisdiction they are incorporated in. These checks include AML, ABC and adverse media checks. Such checks ensure we do not engage with those who are connected to modern slavery practises.

Our Employment Practices

11:FS maintains the highest standard of employment and personnel policies which not only ensures the promotion of equal opportunities but also a culture of importance of wellbeing, respect and value. We place importance on creating an inclusive environment where employees and personnel are free to be themselves.

Conclusion

This statement is made in accordance with Section 54 of the UK Modern Slavery Act 2015 on behalf of the all the companies listed for the current financial year 2022/2023.