UKBA

Asian companies must adjust to the UK's anti-bribery laws

The UK Bribery Act has broad scope and will affect anyone doing business with the UK, and Asian companies need to assess their corruption-related risks, according to AlixPartners' Rob Morris.
Rob Morris, AlixPartners
Rob Morris, AlixPartners

It’s been just over a year since the UK Bribery Act UKBA became law, and recently Britain’s Serious Fraud Office SFO has reaffirmed its commitment to pursuing bribery cases. The act and its enforcement have important consequences not only for UK companies, but for anyone doing business with the UK.

Rob Morris, managing director of AlixPartners, explains to FinanceAsia what the act means and its likely effect.

What is the geographical reach of the UKBA Who does it apply to and where
The act has a global reach, applying to any person or business that has a link to the UK....

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222