Bribery Act unlikely to see firms pursued for facilitation payments
Lawyer says firms will be prosecuted for inadequate procedures rather than corruption
The UK’s Bribery Act will not lead to prosecutions over facilitation payments, says one of the UK’s foremost experts on financial crime.
Monty Raphael, special counsel at law firm Peters & Peters, says the payment of small sums to facilitate business will probably not lead to charges being levelled at firms, unless they become endemic to the firm. “If you were to tell me UK companies now face
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