Bribery and Corruption

With a significant minority of respondents still willing to justify unethical acts, is enforcement a deterrent and is management doing enough to tackle these challenges?

https://fraudsurveys.ey.com/ey-global-fraud-survey-2018/the-effectiveness-of-anti-corruption-efforts/

The scale of bribery and corruption has shown no improvement globally since 2012, despite the unprecedented level of enforcement activity and introduction of new corporate criminal liability laws in that time.

https://fraudsurveys.ey.com/media/1503/global-fraud-survey-2018-global-press-release.pdf

The UK's Serious Fraud Office has opened a criminal investigation into "suspected corruption" in the conduct of Ultra Electronics' Algeria business.

http://www.cityam.com/284307/serious-fraud-office-opens-criminal-investigation-into

In the first contested prosecution under section 7 of the UK's Bribery Act 2010 (the "Act"), a London-based interiors company has been found guilty of the 'corporate offence' of failing to prevent bribery.

http://www.mondaq.com/uk/x/690180/Bribery+Update+Are+Your+Procedures+Adequate

UK businesses are reporting an increase in the occurrences of bribery and corruption, according to a new study.

https://www.consultancy.uk/news/16518/quarter-of-uk-businesses-asked-to-pay-bribes-in-2017

The Serious Fraud Office (SFO) says it will recoup £4.4m in a corruption case involving Chadian diplomats – the first time money has been returned overseas in a civil recovery case

https://economia.icaew.com/en/news/march-2018/sfo-wins-chad-oil-corruption-case

The 'adequate procedures' defence under the Bribery Act 2010 has been tested in the courts for the first time.

https://www.burges-salmon.com/news-and-insight/legal-updates/first-case-on-bribery-acts-adequate-procedures-defence-five-things-you-need-to-know/

The high court action launched against Ecclestone by Bluewaters Communications will begin in London on October 1, 2019.

http://en.f1i.com/news/298256-investment-firm-takes-ecclestone-court-bribery-allegations.html

What judge told Melton Borough Council boss who awarded wife £150k cleaning contract

https://www.leicestermercury.co.uk/news/leicester-news/corruption-purest-form-what-judge-1340779

A man from Surrey says the justice system needs urgent change after the criminal case against him was dropped nearly two years after he was first accused.

http://www.itv.com/news/meridian/2018-03-16/surrey-man-wrongly-charged-with-bribery-demands-system-change-after-spending-18-months-on-bail/