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The Paper Tiger Finally Roars: HMRC Takes Action on the Facilitation of Tax Evasion

New failure to prevent facilitation of tax evasion offences were introduced into UK law in September 2017 and cover both domestic and overseas tax evasion. The offences were brought into law to make it easier for UK...more

Payback for Kickbacks: The UK Position on Compensation of Victim States in Multinational Bribery Cases

A recent paper from the Basel Institute has brought renewed attention onto the issue of the compensation of victim states in cross-border bribery cases. International arbitration may provide a quicker and more certain route...more

SFO expands its collaborative remit

The Serious Fraud Office ("SFO") is in a robust, and collaborative, mood. Three months after jointly announcing the formation of a new International Anti-Corruption Prosecutorial Taskforce (the "Taskforce"), the UK's premier...more

A step towards transparency or the devil is in the detail? Analysing the effectiveness of the SFO’s new Corporate Guidance

More than a decade ago, the concept of the Deferred Prosecution Agreement (DPA) became part of UK law. Ever since, there has been considerable uncertainty as to exactly what conditions a company needs to meet in order to be...more

A new sheriff in town? No time for complacency as the US pauses anti-corruption enforcement

A new anti-bribery and corruption alliance among enforcement authorities in the UK, France and Switzerland sends a clear message to corporates that any pause in enforcement of the US FCPA does not mean that acts of bribery by...more

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