On May 6, 2014, the British Bankers’ Association (“BBA”) – the U.K.’s leading association for the banking sector – published a 51-page guide entitled “Anti- Bribery and Corruption Guidance” (“the Guidance”). While BBA guidance issued in December 2011 had focused on adequate policies and procedures under the U.K. Bribery Act 2010 (“the Act”),the new Guidance […]

The BBA has released new anti-bribery and corruption guidance for the banking sector, including detailed guidance in the areas of:   the UK Bribery Act 2010; the Ministry of Justice’s six Principles; regulatory obligations and other anti-corruption laws and a comparison with the Bribery Act; top level commitment and governance; risk assessment; due diligence on […]