The German Supply Chain Act and its impact on businesses in the Gulf Region
The German Supply Chain Act (Lieferkettengesetz1) aims to protect the rights of people who produce goods for or deliver services to the German market. For this purpose, many obligations to act, due diligence and reporting obligations are imposed on companies. Even though the law will come into force in 2023, it is already necessary for companies to carefully review their compliance management systems to determine whether they must be amended. This Legal Briefing will analyse the legal implications in connection with the German Supply Chain Act in the Gulf region and especially in the UAE.