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"Introduced by U.S. Representatives Jennifer Wexton (D-VA) and Carlos A. Giménez (R-FL), the Uyghur Forced Labor Disclosure Act (H.R.4840) requires publicly traded companies to be transparent and divulge any ties to Uyghur forced labor. It would allow both consumers and shareholders to make more informed decisions as they spend and invest their money.
The Uyghur Forced Labor Disclosure Act (UFLDA) :
Amends the Securities Exchange Act of 1934 to mandate all publicly traded companies to release annual reports indicating what goods are sourced from the Uyghur regions of China.
Affirms the importance of using outside groups to verify company reports.
Empowers organizations and individuals to push for more ethical business practices."
#UyghurForcedLaborDisclosureAct
#Uyghur #UFLDA
Congress: pass the Uyghur Forced Labor Disclosure Act (H.R.4840)
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