Bribery and Corruption

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  • 18 Apr 2020 2:23 PM | Anonymous member (Administrator)

    Businesses in the manufacturing, food retail and life sciences sectors will feel more confident coordinating their efforts to help tackle the challenges posed by the coronavirus outbreak in light of new guidance prepared by the UK's Competition and Markets Authority (CMA), a competition law expert has said.

    https://www.pinsentmasons.com/out-law/news/cma-coronavirus-guide


  • 17 Apr 2020 12:07 PM | Anonymous member (Administrator)

    Retailers will be allowed to collaborate in ways which might otherwise breach UK competition laws for a temporary period to ensure continuity of food supplies in the country in light of the coronavirus crisis, the UK government has confirmed.

    https://www.pinsentmasons.com/out-law/news/coronavirus-uk-competition-laws-food-retailers


  • 16 Apr 2020 8:17 PM | Anonymous member (Administrator)

    The government has said that, because of the coronavirus, public sector bodies can now award contracts directly without any competitive tender.

    https://www.theconstructionindex.co.uk/news/view/competition-law-suspended?utm_source=tci&utm_medium=sharing&utm_campaign=twitter

  • 16 Apr 2020 11:16 AM | Anonymous member (Administrator)

    Airbus is yet another company that resolved its corruption out of the court. But buying a good ethical standing is becoming more complex. After all, a time when the US was the only country offering a settlement to a French company has passed. Paying massive bribes in China to sell aircraft interests many countries. Escaping prosecution is newly for sale in other countries as well. And the fact that France, the UK, and US were able to sell Airbus at a £3 billion settlement shows that this is a lucrative business.

    https://www.riskcompliance.biz/news/airbus-how-the-uk-and-france-learned-to-investigate-and-sanction-international-corruption/


  • 16 Mar 2020 12:21 AM | Anonymous member (Administrator)

    Scotland-based multi-energy services company John Wood Group said in a regulatory filing it has reserved $46 million in a potential settlement with authorities in the United States, Brazil, and Scotland related to a bribery investigation concerning ties to Monaco-based oil services firm Unaoil.

    https://www.complianceweek.com/anti-bribery/john-wood-group-reserves-46m-to-resolve-bribery-investigations/28598.article#.Xm4FDSSKuV4.twitter


  • 15 Mar 2020 11:44 PM | Anonymous member (Administrator)

    A new taskforce is to advise the UK government on whether digital platforms should face regulation on matters of data access and interoperability.

    https://www.pinsentmasons.com/out-law/news/digital-markets-taskforce-uk-competition-policy


  • 08 Mar 2020 10:39 PM | Anonymous member (Administrator)

    When it comes to eradicating fraud and corruption in the infrastructure industry, it’s an issue that is too important to just leave to the auditors and accountants, says Anil Iyer.

    http://www.infrastructure-intelligence.com/article/mar-2020/tackling-fraud-and-corruption-everyone%E2%80%99s-responsibility


  • 08 Mar 2020 9:37 PM | Anonymous member (Administrator)

    Transparency International UK and Spotlight on Corruption have written to Director of the Serious Fraud Office (SFO), Lisa Osofsky, to urge the SFO to evaluate issues arising from the use of Deferred Prosecution Agreements in the UK to ensure greater consistency and fairness in how the regime applies and to ensure that the regime does indeed provide real deterrence to corporate criminality.

    https://www.transparency.org.uk/publications/airbus-uk-deferred-prosecution-agreement-dpa-bribery-sfo-lisa-osofsky/


  • 08 Mar 2020 9:20 PM | Anonymous member (Administrator)

    Following an investigation, the CMA has found that 4 pharmaceutical companies broke competition law in relation to the supply of an antidepressant.

    https://www.gov.uk/government/news/over-3m-in-fines-and-1m-for-nhs-in-cma-pharma-probe

  • 08 Mar 2020 9:18 PM | Anonymous member (Administrator)

    The CMA has been monitoring reports of changes to sales and pricing practices during the coronavirus outbreak.

    https://www.gov.uk/government/news/cma-statement-on-sales-and-pricing-practices-during-coronavirus-outbreak

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