Florican Capital Ltd opposes all forms of modern slavery and human trafficking. We are publishing this statement to describe our approach to identifying and managing modern slavery risks in our business and supply chains. We publish this statement voluntarily in the spirit of section 54 of the Modern Slavery Act 2015. If we ever meet the statutory threshold for mandatory reporting, we will publish a section 54 statement and add it to the government registry.

Our organisation and operations

Florican Capital Ltd is a UK-based business serving corporate and professional audiences. We offer services to selected business clients. Our day-to-day operations are office-based with a small supply chain focused on professional services and software.

Our supply chains

Our direct suppliers typically include:

• Professional and advisory services
• Cloud and software-as-a-service providers
• Web hosting, domain and security services
• Office services such as connectivity and equipment procurement

We do not manufacture goods and we do not operate in high-volume commodity supply chains.

Policies and governance

We operate with zero tolerance for modern slavery. The following internal measures support this stance:

• Proportionate procurement controls for onboarding new suppliers
• Contract clauses that require compliance with modern slavery laws where appropriate
• Whistleblowing and reporting channels for concerns
• Board oversight of this statement and the risk reduction plan described below

Risk assessment

Given our sector and supply chain profile, our inherent risk is assessed as low. We recognise possible elevated risks in:

• Technology hardware supply chains
• Facilities and labour hired by third parties
• Outsourced services in higher risk regions

We maintain a simple risk screen that considers sector, geography and service type for new or renewing suppliers. Higher risk suppliers are flagged for extra checks or additional contract assurances.

Due diligence in our supply chain

Where proportionate, our supplier process may include:

• Screening for legal compliance and adverse media
• Requiring modern slavery compliance clauses in contracts and purchase terms
• Asking higher risk suppliers to confirm their own modern slavery controls
• Reserving the right to terminate for serious non-compliance

For any onboarding that requires customer due diligence, we meet our legal obligations under applicable regulations. We do not engage suppliers where we have reasonable concerns that cannot be mitigated.

Actions taken during the financial year

For the financial year covered by this statement we aim to complete the actions below, proportionate to our size and risk profile:

• Maintain a register of direct (tier 1) suppliers and classify each by risk level
• Include, or confirm, modern slavery clauses on renewal of contracts with higher risk suppliers
• Provide short awareness training to staff involved in supplier selection and vendor management
• Review our reporting route so concerns can be raised and escalated quickly

Training and awareness

We provide briefings for relevant staff on identifying modern slavery red flags in procurement and supplier management. Training materials are reviewed annually or when guidance changes.

Measuring effectiveness

We track simple indicators to monitor progress, for example:

• Percentage of tier 1 suppliers risk assessed this year
• Percentage of relevant staff who have completed awareness training
• Number of concerns raised and resolved

Results will be reviewed by management and used to guide next year's plan.

Plans for the next financial year

Subject to review, our priorities are:

• Re-assess higher risk suppliers and document outcomes
• Refresh contract terms at renewal to maintain appropriate assurances
• Update training materials to reflect any changes in UK guidance
• Keep this statement under annual review and update as needed

Approval and signature

This statement has been approved by the board of Florican Capital Ltd for the financial year stated above.

Publication

This statement is published on our website. If we become in scope for section 54, we will add the latest statement to the UK government's Modern Slavery Statement Registry and link it prominently from our homepage.