The UK government has published long-awaited draft legislation that will create new criminal offenses to combat bribery, including measures aimed at foreign companies. The draft Bribery Bill, if enacted, would bring the UK into line with its international obligations to deal with companies that bribe overseas officials. The country has a woeful record in this […]
Anti-Bribery
Siemens Boosts Compliance Staff to End Scandals
Scandal-hit German electrical and engineering giant Siemens increased the number of compliance staff it employs by 265 percent last year. A briefing disclosed to coincide with the company’s recent annual shareholder meeting revealed that the company had 621 staff working on global compliance in its 2008 financial year, compared to 170 the year before and […]
