UK Bribery Act broader than FCPA, but more guidelines needed
Firms in the UK will need more guidance on complying with the Bribery Act's strict rules
The passing of the Bribery Act 2010 into UK law has created one of the toughest anti-corruption regimes in existence. Firms operating in the UK will no longer be allowed to make "facilitation payments", which have often been thinly veiled bribes.
Previous UK anti-bribery legislation dated from the nineteenth century, whereas the new legislation goes beyond more modern laws such as the US Foreign
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