Globalisation and international finance have given rise to multinational corporations and international supply chains, but the legal accountability of corporations towards human rights and the environment has not developed accordingly. An international regulatory response has proven challenging due to countries' varying perception of corporations’ social responsibility. The legal shortcomings are an impairment of the universal protection of human rights.
However, times are changing and nations' pressure on companies to do business responsibly is increasing. In Norway, as in other European countries, the Government is now considering a new Anti Slavery Act based on international experience with such Acts.