Introduction
We firmly believe that the people we work with are key to our success and future growth, so we are fully committed to preventing acts of modern slavery and human trafficking (together “Modern Slavery”) from occurring withinour business and supply chain. This statement sets out the steps that we have taken to eliminate, as far as possible, the risk of Modern Slavery in ourbusiness.
Structure of the organisation
Mako Europe Ltd (“Mako”) is part of a wider group of companies undercommon control known as the “Mako Group” and our ultimate parent company is Mako Group Holdings LLC. The Mako Group’s head office is in London withsatellite offices in Amsterdam, Hong Kong, Singapore and Sydney.
We are a trading, options market making and sales advisory firm with aglobal trading footprint, operating in the Equities, Fixed Income, Commodities and FX derivatives markets. To find out more about the nature of our business,please visit www.mako.com.
Mako makes this statement on behalf of the Mako Group, including: MakoTrading Holdings Limited; Mako Global Derivatives Partnership LLP; MakoFinancial Markets Partnership LLP; Mako Derivatives Amsterdam BV; Mako HongKong Limited; Mako APAC Pte Ltd; Mako Global Derivatives Pty Ltd; Mako CaymanHolding Limited; and Mako Futures US LP.
Policies
We have implemented an Anti-slavery Policy, a Supplier Code of Conductand a Whistleblowing Policy, which, together with robust background checks for employees and a general culture of encouragement to speak out, demonstrate our commitment to combatting Modern Slavery.
Suppliers
In order to operate effectively as a trading firm, we work with a variety of suppliers ranging from clearing brokers to stationery providers. Due to the nature of our business, the majority of our suppliers are IT related.
Due diligence
As part of our efforts to monitor and reduce the risk of Modern Slavery occurring within our supply chains, we carried out an internal audit of our suppliers in order to establish, assess and monitor areas of potential risk in our business and supply chains.
This included identifying and maintaining details of all suppliers andassessing each in relation to the following categories of risk: employment; geographic; sector; and relationship.
Risk and compliance
Based on the assessments we carried out, we consider the risk of Modern Slavery taking place in our business or supply chains is low. However, despitethe outcome of this assessment, we are fully committed to continue to be vigilantand will strive to improve our practices and checks further in the future.
This statement was approved by the board and is made pursuant to section 54(1) of the Modern Slavery Act 2015 andconstitutes the Mako Group's slavery and human trafficking statement for the financial year ending 31 December 2021.