UK set for clamp down on bribery and corruption

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British firms will face tough requirements under new legislation designed to curb foreign bribery and corruption, as the UK seeks to catch up with regimes in place in Germany and the US.

The new rules are expected to become law in the next six months and come in the wake of a welter of bad publicity over the UK's inability to move against arms manufacturer British Aerospace (BAE), which allegedly paid middlemen in the Arab world and elsewhere to win arms sales as part of the multibillion al-Yama

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