Subscriber Login u: p:

Corruption reporting compliance call
4-September-08
Written by Janelle Macri

Companies that don't have a culture of compliance and policies to deal with bribery in foreign jurisdictions could be vulnerable to prosecution under new amendments to the criminal code.

The tightening of laws relating to bribery of foreign officials contained within the Criminal Code Act 1995 came into force in November last year, following the fall-out of the AWB oil-for-wheat scandal.

Blakiston & Crabb Solicitors partner Michael Blakiston said the tighter regime meant actions that people thought were acceptable in the past could now come under greater scrutiny.

Article continues...