Modern Slavery Act

Korea Development Bank (KDB) London Branch is committed to ensuring that modern slavery and human trafficking do not take place in any part of its business or supply chains. As a wholesale bank, KDB London Branch adheres to the highest standards of integrity and ethical conduct, in compliance with the UK Modern Slavery Act 2015.

KDB London Branch continuously monitors the effectiveness of its modern slavery policy and practices. This includes:

• Regular audits and assessments of its supply chains and business operations.
• Reviewing and updating the Modern Slavery Policy annually to reflect any changes in legislation or business practices.

Our Modern Slavery Policy, Supplier Code of Conduct, and annual statements are available to download below. KDB London Branch is dedicated to preventing modern slavery and human trafficking within our business and supply chains. KDB London Branch will continue to uphold its commitment to ethical conduct and human rights, ensuring a safe and fair working environment for all.

Modern Slavery Policy Download

KDB London Branch expects all suppliers and business partners to adhere to its Modern Slavery Act 2015 compliant Supplier Code of Conduct, which includes:

• Prohibiting forced labour, child labour, and any form of exploitation.
• Ensuring fair wages and safe working conditions.
• Respecting the rights of workers to freedom of association and collective bargaining.

Supplier Code of Conduct Download

KDB London Branch Modern Slavery Statement for the Financial Year Ending 2023