Political scandals hinder UK fight against corruption 10 Dec 2012 An international watchdog group says a new survey shows the countries worst hit by the European financial crisis are also seen as among the most corrupt in the European Union. Transparency International’s annual Corruption Perceptions Index found that Spain, Portugal, Italy and Greece had the […]

Revised guidance published on approach to self-reporting of bribery offences by businesses in Scotland 27 Nov 2012 The Crown Office and Procurator Fiscal Service (COPFS), the sole prosecutor in Scotland has published revised guidance on its approach to self-reporting by businesses of offences under the Bribery Act 2010. Following the coming into force of the […]

GUIDANCE ON THE APPROACH OF THE CROWN OFFICE AND PROCURATOR FISCAL SERVICE TO REPORTING BY BUSINESSES OF BRIBERY OFFENCES 27 Nov 2012 Introduction 1. The Bribery Act 2010 (“the Act”) came into force on 1 July 2011. The Act replaced the former common law provisions and a century-old legislative regime. It is a means of […]

GUIDANCE ON THE APPROACH OF THE CROWN OFFICE AND PROCURATOR FISCAL SERVICE TO REPORTING BY BUSINESSES OF BRIBERY OFFENCES 27 Nov 2012 Introduction 1. The Bribery Act 2010 (“the Act”) came into force on 1 July 2011. The Act replaced the former common law provisions and a century-old legislative regime. It is a means of […]

FIRST SELF REPORT SETTLEMENT UNDER BRIBERY ACT – 26 Nov 2012 Abbot Group Limited turns itself in to the tune of £5.6 million – The Scottish Crown Office announced today that some £5.6 million of profits gained from unlawful behaviour is to be recovered by the Scottish Civil Recovery Unit from Abbott Group Limited (Abbot) […]

Shareholders carry financial risk for bribery in companies in which they invest 25 Oct 2012 Client Briefing – Download File https://onlineservices.cliffordchance.com/online/freeDownload.action?key=OBWIbFgNhLNomwBl%2B33QzdFhRQAhp8D%2BxrIGReI2crGqLnALtlyZew5nrsuOjaD7vCcrIIp2zMHp%0D%0A5mt12P8Wnx03DzsaBGwsIB3EVF8XihbSpJa3xHNE7tFeHpEbaeIf&attachmentsize=136194

Is the Serious Fraud Office getting serious? An update on the UK Bribery Act 25 Oct 2012 The Bribery Act 2010 came into force on 1 July 2011. The SFO has very recently revised some of its guidance in relation to facilitation payments, corporate hospitality and self reporting of misconduct. The changes The SFO published […]

SFO issues revised policies on self-reporting, facilitation payments and business expenditure 11 Oct 2012 Following recent media coverage, the Serious Fraud Office (SFO) has acknowledged that it was reviewing its published guidance regarding corporate liability for corruption offences. Earlier today the SFO announced that it had issued three “revised policies” regarding facilitation payments, business expenditure […]