Bribery and Corruption

Two accomplices who offered bribes to bank staff in an attempt to swindle hundreds of thousands of pounds were jailed today (January 17).

https://www.cps.gov.uk/west-midlands/news/lengthy-jail-terms-scammers-who-tried-bribe-bank-staff

The probes centered on bribes for contracts in Angola and the North Sea

https://www.wsj.com/articles/sfo-announces-sentencings-in-f-h-bertling-investigation-11547255910

“The substantial prison sentences imposed in this case reflect the seriousness of the bribery and corruption,” SFO Director Lisa Osofsky said.

The report, by Transparency International, examined the UK’s overseas territories, many of which act as tax havens for companies around the world to launder illegally obtained funds through.

https://www.commonspace.scot/articles/13636/report-250-billion-fraud-uk-tax-havens-greater-sum-20-years-foreign-aid-budget

Forty percent of those in in-house legal or compliance roles have sometimes felt under pressure to approve third-party engagement despite anti-bribery and corruption red flags

https://www.cdr-news.com/categories/fcpa/8825-under-pressure-to-ignore-bribery-red-flags

The Select Committee on the Bribery Act 2010 hears evidence from international experts on bribery law and senior officials from the National Crime Agency (NCA).

https://www.parliament.uk/business/committees/committees-a-z/lords-select/bribery-act-2010/news-parliament-2017/international-experts-nca-bribery-session/

The Select Committee on the Bribery Act 2010 hears evidence from the NHS Counter Fraud Authority, NHS Counter Fraud Services, barristers and solicitors.

https://www.parliament.uk/business/committees/committees-a-z/lords-select/bribery-act-2010/news-parliament-2017/nhs-counter-fraud-bribery-session/

The Daily Mail's chief sports reporter Martin Samuel has called for changes to the individual betting market in football, which he believes are open to exploitation.

https://www.skysports.com/watch/video/sports/football/11557278/betting-corruption-is-made-too-easy

How is it possible to ensure anti-bribery and corruption (ABC) programs detect risks in third-party relationships?

https://www.jdsupra.com/legalnews/bribery-and-corruption-know-your-abc-10683/

The Competition and Markets Authority (CMA) has provisionally found that clauses in many of Compare the Market’s contracts with home insurers break competition law and could lead to higher premiums for customers.

https://www.insuranceage.co.uk/insurer/3677841/cma-accuses-compare-the-market-of-breaking-competition-law