Calls for Shein Scrutiny After Questions on Supply Chain Go Unanswered

Politics

1 year ago

News sources:

Credited from: BBC

The London Stock Exchange is under pressure to disclose what **checks are in place** for listing firms like Shein, amid claims of **forced labour** in its supply chain.
MPs expressed **serious concern** after Shein's lawyer refused to answer basic questions regarding the possible use of **cotton from China's Xinjiang region**.
Shein has filed for a UK listing, which may value the firm at **£50bn**; however, questions about its supply chain integrity remain unresolved.
The **Business and Trade Committee** criticized the lack of transparency, urging more stringent checks on firms for compliance with ethical standards.
Byrne has written to the **Financial Conduct Authority** seeking assurance on the auditing processes for UK-listed companies regarding **legal risks**.

For the full article, visit BBC News.