Transparency International (TI) has published the Corruption Perceptions Index (CPI) 2014. This is the 20th annual edition of the CPI, which ranks countries according to how corrupt their public sector is perceived to be. The index is compiled using a combination of polls drawing on corruption-related data and also reflects the views of observers worldwide. […]

The Organisation for Economic Cooperation and Development (OECD) released its Foreign Bribery Report (Report) this week. The Report is the OECD’s first ever analysis of foreign bribery on a global scale. The Report analyses 427 legal cases involving companies (164 cases) and individuals (263 cases) who allegedly bribed foreign public officials in one or more […]

The Sentencing Council’s new Sentencing Guidelines for how people convicted of fraud, money laundering and bribery offences should be sentenced came into force in October 2014.  The new guidelines apply to all offenders and organisations who are sentenced, regardless of the date of the offence. In respect of corporate offenders, all three offences, namely, fraud, […]

The International Association of Insurance Supervisors (IAIS) has published an issues paper on combating bribery and corruption. The aim of the paper is to consider the risks that bribery and corruption pose to the insurance sector in particular to insurers and insurance intermediaries. The paper also considers various methods by which insurance supervisors can manage […]

Politically exposed persons (PEPs) are individuals who are, or have been, entrusted with prominent public functions. PEPs are potential targets for bribes due to their prominent position in public life. They have a higher risk of corruption due to their access to state accounts and funds A review of Financial Action Task Force (FATF) and […]

The Joint Head of Bribery and Corruption at the SFO, Ben Morgan, delivered a speech to the UK Aerospace and Defence Industry seminar on deferred prosecution agreements (DPAs). In his speech Mr Morgan discusses why a DPA is worth considering as a potential resolution to and issue and what needs to be done, as far […]

The Serious Fraud Office (SFO) has confirmed that it has opened a formal investigation into Sweett Group in relation to its activities in the United Arab Emirates and elsewhere. The investigation reportedly relates to allegations that a Dubai-based former employee of Sweett Group asked a firm of architects to bribe officials to secure a US$ 100m contract. […]

U.K. prosecutors have announced that former News of the World editor Andy Coulson will face retrial over charges relating to alleged corruption of public officials after the jury in his previous trial failed to reach a verdict. http://goo.gl/FYLtlr