All U.K. Bribery Act articles

  • Article

    Sponge launches anti-bribery training game

    2019-10-17T17:59:00Z

    Sponge has launched Anti-Bribery Sorted, a training game designed to help organizations combat corruption and protect corporate reputation.

  • Blog post

    Law firm files alleged evidence of bribery against former client

    2018-07-16T18:30:00Z

    U.K.-based mining giant Eurasian Natural Resources Corp. is suing its former counsel and U.K. regulator the Serious Fraud Office for their complacency in leaking information about an investigation into the company for alleged bribery and corruption.

  • Blog post

    Transparency International U.K. launches anti-bribery portal

    2017-10-16T10:30:00Z

    Transparency International U.K. has launched a new online tool that provides up-to-date and in-depth guidance for businesses in understanding and tackling bribery.

  • Blog post

    The FCPA and the fight against terrorism

    2016-10-04T10:15:00Z

    Tom Fox looks at the U.S. government’s linking of corruption and terrorism and its intention to use the FCPA as incentive to enact and enforce strong international and domestic anti-corruption and anti-bribery laws.

  • Blog post

    Sweett Group to pay £2.25 million for Bribery Act violations

    2016-03-07T12:00:00Z

    The U.K. Serious Fraud Office last month sentenced and ordered the Sweett Group to pay £2.25 million ($3.21 million) to resolve an SFO investigation into the company’s activities in the United Arab Emirates. The conviction and punishment represents the first under Section 7 of the Bribery Act and offers many ...

  • Article

    Year in Review: Regulatory Enforcement in Europe

    2016-01-05T11:00:00Z

    Image: For compliance officers in Europe, 2015 has been a big year. Aside from focusing on reporting wrongdoing and promoting a speak-up culture, watchdogs have been keeping compliance practitioners busy with a barrage of regulations that show no sign of easing. As compliance officers wonder to what degree the past ...

  • Article

    Lessons From the SFO’s First Deferred-Prosecution Agreement

    2015-12-15T12:30:00Z

    The U.K. Serious Fraud Office struck its first-ever deferred-prosecution agreement with Standard Bank in November, giving companies some much-needed guidance on how to disclose misconduct. The SFO’s decision to use DPAs is part of a larger undertaking to put a quick end to corporate criminal cases and encourage cooperation between ...

  • Blog post

    First British DPA Provides Much to Ponder

    2015-12-08T09:45:00Z

    It has finally come to pass: the first deferred-prosecution agreement under the U.K. Bribery Act. From the role of judicial oversight (greater than that in the United States) to the final statement of facts (much greater than that in the United States), the settlement with ICBC Standard Bank is full ...

  • Blog post

    The Press and Exposure of Corruption: BAT Is Next

    2015-12-04T09:30:00Z

    Allegations of bribery can come to light in many ways, but one way not usually mentioned—that was prominently featured last week—is through news reports. This time the media outlet was the BBC, and the allegations were that bribery at British American Tobacco Co. had occurred in violation of the Bribery ...

  • Blog post

    Cost of Corruption: Now the Short-Sellers Are Here

    2015-10-16T16:15:00Z

    The costs of corruption come in many forms, not the least being painfully high penalties from regulators and lawsuits from unhappy shareholders. Now a new front has opened: Muddy Waters, a short-seller firm pressuring Swedish telecom company TeliaSonera, is accusing it of bribery in central Asia—and benefitting as the stock ...

  • Blog post

    Scottish Prosecutors Resolve Bribery Case With Brand-Rex for £200,000

    2015-10-05T12:45:00Z

    Scotland-based company Brand-Rex, a developer of cabling solutions for network infrastructure and industrial applications, last month reached a £212,800 civil settlement with Scottish prosecutors for failing to prevent bribery by a third party in violation of Section 7 of the U.K. Bribery Act. Details inside.

  • Blog post

    ‘The U.K. Bribery Act After Five Years — Where Are We Now?’

    2015-07-12T21:30:00Z

    On the eve of the anniversary of the U.K. Bribery Act of 2010, CW columnist Bruce Carton hosted a panel of U.K. experts to address where the SFO stands in its enforcement and prosecution of the Bribery Act, as well as other key issues such as the introduction of deferred ...

  • Article

    Anti-Corruption Reforms Push Forward in Mexico

    2015-06-23T10:30:00Z

    Mexico has moved forward again on its quest to strengthen anti-corruption laws there, adopting reforms to clear the path for government authorities to uncover and prosecute acts of corruption committed by companies, individuals, and government officials. More legislative work is ahead, but so far Mexico’s laws might even surpass the ...

  • Article

    Lessons From the BHP Billiton Case

    2015-06-02T13:15:00Z

    Image: If compliance officers needed another reminder that the FCPA’s books-and-records provisions are still a dangerous trap for global businesses, look no further than the SEC’s recent $25 million fine against BHP Billiton. Observers say it offers valuable lessons in the SEC’s expansive interpretation of the law. “A check-the-box compliance ...

  • Blog post

    New Disclosures for U.K. Companies on Owner Registry

    2015-04-08T09:45:00Z

    The British Parliament recently signed off on new legislation that calls for more information about the true owners behind U.K. companies. According to Transparency International, the U.K.’s property market is a conduit for “corrupt capital stolen from around the world.” Current regulations allow U.K. properties to be owned by secret ...

  • Blog post

    After Three Years, SFO Obtains First Convictions Under U.K. Bribery Act

    2014-12-06T11:30:00Z

    It took more than three years, but Britain’s Serious Fraud Office has finally obtained its first convictions under the U.K. Bribery Act. According to the SFO, two men have been found guilty of conspiring to use false e-mail addresses to produce bogus sales invoices, an offense uncovered by an investigation ...

  • Article

    Building Regulatory Might in U.K., EU

    2014-01-06T11:45:00Z

    Data privacy and corporate transparency will be two of the top European issues on the agenda for compliance executives in 2015. And even if we have to wait another year to see a big corporate enforcement action under the U.K. Bribery Act, there are other reasons to fear Britain’s white-collar ...