Dymon Asia Modern Slavery Statement
Dymon Asia is committed to the elimination of acts of slavery or human trafficking in its business and supply chain. Dymon Asia is focused on acting ethically and with integrity in all business dealings and relationships. Appropriate due diligence is conducted on modern slavery both within the organization and its business supply chain.
The firm fully committed to adhering to the standards expressed in the following legislation:
- Singapore Prevention of Human Trafficking Act 2014;
- Hong Kong Crimes Ordinance;
- Japan – Employment Security Act and Labor Standards Act;
- Malaysia Anti-Trafficking in Persons and Anti-Smuggling of Migrants Act 2007; and
- Thailand Anti-Human Trafficking Act, B.E 2551 (2008)
What is Modern Slavery?
Modern slavery is a serious and often hidden crime in which people (including children) are exploited for personal and/or commercial gain. The impact can be devastating for the victims.
What is Human Trafficking?
Human trafficking is defined as arranging or facilitating the travel of another person with a view to exploitation and includes travel within a country, not just across international borders.
Staff must report concerns and any suspicions of modern slavery or human trafficking to the Chief Compliance Officer.
Dymon Asia is a leading Asia-focused alternative investment manager. Dymon Asia does not have a traditional manufacturing supply chain. Investment management is not considered high risk and we consider the services we provide are very unlikely to be affected by modern slavery. However, mechanisms for prevention are in place. Dymon Asia engages financial services-focused vendors to support the investment funds and vehicles it manages. This mainly includes the supply of fund administration services, trading and execution services and asset custody services. We also work with suppliers who support our office facilities.
We may terminate any contract at any time should any instances of modern slavery and/or human trafficking come to light.
We require appropriate right-to-work documentation for staff including temps, interns, and contract staff. No one under the legal minimum age for admission to work is employed.
We will continue to review and update our compliance approach as our businesses and inherent or perceived supplier risks change over time.