Taking advantage
13 September 2012
Under the new Corruption Bill, directing, condoning or even turning a blind eye to acts of bribery in order to facilitate international business deals would be illegal. Paul Abbiati explains
New UK legislative proposals will have a far-reaching effect on UK buyers operating in countries where bribery and corruption are a regular part of doing business. Seven-year jail terms and unlimited fines await anyone convicted under the new law. The Corruption Bill has a more symmetrical approach to ethics than approaches popular in certain parts of the world, such as...