The Uyghur Forced Labor Disclosure Act requires publicly traded companies to disclose their connections to forced labor in China's Xinjiang region. Companies seeking to list on stock exchanges or file annual reports must document whether they source goods from Xinjiang, use products made with forced labor there, or engage with entities involved in such labor practices. The Securities and Exchange Commission has 180 days to create rules requiring companies to provide detailed supply chain information, including facility names and locations, and to obtain independent third-party verification of their disclosures. All documentation becomes public, and companies that misrepresent their Xinjiang connections face penalties including potential rejection of exchange listing applications and a one-year bar on reapplying. The law automatically expires after eight years or earlier if the President certifies that China has ended forced labor and mass human rights violations in Xinjiang.
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