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Bribery Bill modernises UK corruption laws

LONDON – New bribery legislation unveiled in the Queen’s speech to the UK parliament on November 18 signals a move by UK authorities to tighten the screws on financial corruption. Firms found guilty of negligently failing to prevent bribery could face unlimited fines, while maximum sentences for bribery have also increased, from seven to 10 years, not only for direct participants, but also for

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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