Whether part of local customs, relationship building or ways to give thanks, gift giving and hospitality (collectively referred to here as “Hospitality”) is a sizable business, with the global market being estimated at USD839...more
3/24/2025
/ Anti-Bribery ,
Anti-Corruption ,
Bribery ,
Charitable Donations ,
Compliance ,
Corporate Governance ,
Department of Justice (DOJ) ,
Ethics ,
Foreign Corrupt Practices Act (FCPA) ,
Multinationals ,
Policies and Procedures ,
Risk Management
An amendment to the Economic Crime and Corporate Transparency Bill (the Bill) has brought in the offense of failure to prevent fraud (Offense). Under the new Offense, an organization will be liable where a specified fraud...more
9/8/2023
/ Accounting Fraud ,
Anti-Fraud Provisions ,
Audits ,
Disclosure Requirements ,
Failure to Prevent ,
Falsified Documents ,
Financial Conduct Authority (FCA) ,
Fraud ,
Fraud Prevention ,
Policies and Procedures ,
Risk Assessment ,
Tax Evasion ,
UK Bribery Act