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....