Latest news from TISCreport

If World War 3 is already here, what can companies do to help end it?

Published on: 3 March 2022

Veteran Russian watcher Fiona Hill said in an interview when asked if we were on the brink of a World War III, "We’re already in it. We have been for some time". Stark words but if companies play their parts now, there is hope. Hill called for a temporary suspension of business activity with Russia and said that all companies needed to make a decision. We think that decision needs to be made now..
Can Supply Chain Transparency Help Prevent Wars?

Published on: 23 February 2022

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A little-known HM Treasury department called the Office of Financial Sanctions Implementation regularly produces lists of designated persons and entities against whom sanctions have been levied. But how are these lists being used and can they help create the pressure needed to encourage regimes to consider peaceful options?
Crown Commercial Service Takes Proactive Steps on Prompt Payment for Suppliers

Published on: 22 February 2022

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The Public Contracts Regulations (2015) already require 30-day payment terms to be passed down the supply chain on those contracts that relate to public sector work. From 1 April 2022, suppliers bidding for central government contracts worth more than £5m per annum, will need to demonstrate that they pay at least 90% of their invoices to suppliers within 60 days in one of their previous two published payment reports, or risk being excluded from the procurement.
FSB highlights Late Payments threatens 440,000 small firms with closure

Published on: 3 February 2022

The FSB has expressed its fears that more than 440,000 small firms nationally may be threatened by closure due to late payment issues.
Workshop for UK Local Government Leaders: Progress and Challenges in Tackling Modern Slavery in Local Government Supply Chains

Published on: 14 June 2021

UK Independent Anti-Slavery Commissioner Dame Sara Thornton will open this important virtual workshop to discuss and progress findings in the PACCS-TISCreport policy briefing Progress and Challenges in Tackling Modern Slavery in Local Government Supply Ch
UK Independent Anti-Slavery Commissioner Dame Sara Thornton will open this important virtual workshop to discuss and progress findings in the PACCS-TISCreport policy briefing Progress and Challenges in Tackling Modern Slavery in Local Government Supply Chains.

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