Germany: Enforcement authority BAFA releases guidelines on implementing risk analyses in the context of the Supply Chain Act
The following guidance outlines the provisions regarding the preparation and performance of risk analyses in the German Supply Chain Due Diligence Act ‘Lieferkettensorgfaltspflichtengesetz’ or ‘LkSG’, in an effort to assist companies in implementing the Act. After a detailed explanation of the law’s provisions, the guidance demonstrates the role of risk analysis in the due diligence process and offers assistance and practical tips for implementation.