U.K. sets out strategy to combat bribery and corruption

uk fraud

The U.K. is introducing tougher safeguards and compliance checks in its latest drive to cut down on financial crime and stem the flow of dirty money that continues to be laundered by British businesses, facilitated by accountants and lawyers. Experts warn that the government’s plans mean companies will need to review their compliance around anti-money laundering controls and anti-bribery policies as regulatory scrutiny increases.

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