The Uyghur Forced Labor Prevention Act (UFLPA) has been described as “the most interesting law in the world.”  “Interesting” covers a lot of ground.  The provisions of UFLPA are poised to disrupt trade, supply chains, product assembly and sales.  It may affect operations, compliance, financial and non-financial reporting, and strategies for companies in many sectors.  If your company makes or imports apparel or linens that include cotton, this applies to you.  If your company makes anything that includes silica (think chips), it applies to you.  This white paper highlights key provisions and offers takeaways from UFLPA, as well as context and tips.    

PREMISES

• UFLPA isn’t the first law regulating forced labor, including applicability in the supply chain. It is likely the most impactful.  And it may not be the last. 
• UFLPA and other laws, regulations and disclosures collectively are greater than the sum of their parts, in terms of relevance to operations, compliance, (financial and non-financial) reporting and organizational strategy.
• Few companies know what’s about to hit them. Or what already has.
• Companies can leverage the approaches, structures, resources and tools used for

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