Bribery Act unlikely to see firms pursued for facilitation payments

Facilitation payment charges not likely under Bribery Act

monty-raphael-peters-2010

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 prosecution for tiny payments, because that’s what a facilitation payment is – that won’t happen. I’m

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