Bribery Act requirements just good business practice, says consultancy

Bribery Act

Financial institutions should consider the requirements of the UK Bribery Act an opportunity rather than a regulatory weight, says risk consultancy Kroll.

Speaking to Operational Risk & Regulation after the publication of Kroll's Global fraud report, Eurasia chair Tommy Helsby suggests many of the obligations placed on firms by the legislation represent good business practice. "They are things you probably should be doing even if the law weren't telling you that you have to do it," he says.

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