Modern Slavery Act 2017 Statement

Statement for the Financial Year 2017

This statement is made on behalf of Knight Frank LLP (“Knight Frank”) pursuant to the Modern Slavery Act 2015 (“the Act”) and comprises our slavery and human trafficking statement.

Our Structure

Knight Frank is a Limited Liability Partnership (LLP) registered in England (registered number OC305934).

Knight Frank LLP provides services in the UK and through its direct subsidiaries. Internationally, services are provided by a network of separate and independent entities or practices (whether or not having juridical or legal personality) offering professional, commercial and residential property services. These firms, together with Knight Frank LLP, are known as 'the Knight Frank global network'. For the purposes of the Act, only Knight Frank LLP meets the threshold requiring an annual statement to be produced.

Each entity or practice in the Knight Frank global network is a distinct and separate legal entity. Its ownership and management is distinct from that of any other entity or practice whether operating under the name Knight Frank or otherwise.

No entity or practice operating under the name Knight Frank is liable for the acts or omissions of any other entity or practice. Neither does it act as agent for nor have any authority (whether actual, apparent, implied or otherwise) to represent, bind or obligate in any way any other entity or practice that operates under the name Knight Frank (including Knight Frank).

The Knight Frank global network has a global alliance with Newmark Knight Frank (“NKF”) in the Americas and Douglas Elliman Fine Homes (“Douglas Elliman”) in the United States of America. Each Knight Frank global network entity or practice is separate and independent from each entity or practice operating under the NKF or Douglas Elliman name, and is not liable for the acts or omissions of any NKF or Douglas Elliman entity or practice. No NKF or Douglas Elliman entity or practice acts as agent for or has authority (whether actual, apparent, implied or otherwise) to represent, bind or obligate in any way any entity of the Knight Frank global Network.

Our Commitment

Knight Frank LLP is fundamentally committed to ensuring that there is no slavery or human trafficking in our supply chains or in any part of our business. As a professional services supplier we work to provide our clients with the highest levels of service attainable. We hold ourselves to the utmost standards of professional conduct and accept nothing less from our suppliers.

Our Approach

Knight Frank LLP is committed to taking all appropriate steps to ensure that slavery or human trafficking is not taking place in our supply chains. As a property services consultancy, we recognise that there is a risk (albeit very small) of slavery or human trafficking occurring in its supply chain. Knight Frank LLP will only work with suppliers who share our commitments.

We have raised awareness of modern slavery within our business and in particular, with those who are involved directly with the sourcing of people, goods and services. We have updated our procurement policies and the procedures to reflect the requirements of the Act and our commitment to preventing modern slavery and human trafficking from occurring or affecting our supply chains or business. These requirements have been incorporated into our selection, due diligence and tender processes.

To ensure all those in our supply chain comply with our values, we carry out a clear vetting process and monitor our suppliers through regular review meetings. When entering in to new contracts, we include contractual provisions for ensuring compliance with all the Act and all relevant guidance and policies.

Alistair Elliott – Senior Partner & Group Chairman