Raymond Sweigart Shares a Year-End Update on the U.K. Bribery Act

“The U.K. Serious Fraud Office (SFO), on top of the withdrawal of previous Bribery Act guidance and the publication of new guidelines in October, has put out new supplemental guidance on self-reporting financial crimes,” Sweigart wrote.

New self-reporting requirements “may appear onerous, but they underscore the significance that the SFO attaches to self-reporting and the detailed focus they expect businesses to display in dealing with compliance and wrongdoing,” Sweigart said.

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