August 2025
Introduction
Panmure Liberum Limited (“Panmure Liberum”) is an investment bank formed by the merger of Liberum Capital Limited and Panmure Gordon in May 2024. Panmure Liberum Group Limited and its subsidiaries (including Panmure Liberum)(together the “Group”) are committed to conducting its business with transparency, integrity and respect for human rights. We expect the same standard from all of our contractors, suppliers and stakeholders.
Panmure Liberum’s principal activities include the provision of institutional and corporate stockbroking services, focused on cash equities, equity research and investment banking. The Group is incorporated and domiciled in the United Kingdom and is committed to the highest standards of ethical conduct and corporate responsibility.
Panmure Liberum is committed to upholding the principles of the Modern Slavery Act 2015 (the “Act”). This statement is made pursuant to section 54 of the Act and outlines the steps taken by the Group to prevent modern slavery and human trafficking in its operations and supply chains for the financial year ending 31 December 2024 .
Approach
Panmure Liberum maintains a zero-tolerance approach to modern slavery and human trafficking and is committed to conducting business in an ethical manner. Panmure Liberum does not act as a producer, manufacturer, or retailer of any physical goods and, as a financial services provider, it has a relatively low-risk supply chain compared to other sectors. Notwithstanding this, Panmure Liberum remains committed to ensuring that its supply chain is free of any slavery and human trafficking and will not knowingly sanction any relationships which support modern slavery.
As part of Panmure Liberum’s commitment to identify and mitigate risk we:
- conduct risk assessments of our supply chain to identify potential areas of concern;
- implement measures to identify, assess and mitigate any risk in relation to existing and future suppliers on an ongoing basis;
- provide training for existing and new staff where appropriate; and
- continue to review our approach and look to develop it where appropriate.
Panmure Liberum also considers country risks when onboarding new suppliers and performs enhanced due diligence where services are outsourced from outside the EU (or any country that is considered high risk) where there is potentially a higher risk of modern slavery.
Recruitment and Staff
Panmure Liberum’s recruitment process is transparent and regularly reviewed. Staff involved in recruitment receive training on modern slavery and ethical employment practices. Panmure Liberum communicates directly with candidates to discuss job opportunities and confirm any contractual terms. Panmure Liberum also uses third-party pre-employment screening to ensure the ID check of any potential employees is confirmed, and the individual is paid directly into their personal bank account, and their payslip has their personal national insurance number.
Panmure Liberum’s employee handbook also sets out key policies for staff which contribute to Panmure Liberum’s stance against modern slavery, including but are not limited to equal opportunity, anti-discrimination and harassment, grievance mechanisms and whistleblowing.
Ongoing Commitment
Panmure Liberum will continue to refine our approach to ensure modern slavery and human trafficking are not operating in the business or any of the supply chains.
This statement is made pursuant to section 54 of the Act and constitutes our slavery and human trafficking statement for the financial year ending 31 December 2024 and has been approved by the Board of Panmure Liberum Group Limited.
Rich Ricci
CEO
