Andrew Feinstein, Executive Director at Shadow World Investigations opened the debate with his analysis of the key factors contributing to the current changing patterns in global trade, notably:Â Overall these factors are leading to changes for companies as supply-chains are reorganised and this is increasing corruption risk. Andrew also noted the increased risks related…
Tag Archives: Bribery Act
Zero-hours contracts are in the news again. From the estimates last summer that 200,000 employees were on zero-hours contracts, it now appears that there are an estimated 1.4 million jobs offered on such terms, according to the latest figures from the Office for National Statistics (ONS). More than one in 10 employers use such contracts….
Reviewing a law to make sure it is fit for purpose is clearly wise. Legislation can have unintended consequences, so checking that this is not the case makes perfect sense. However, the recent decision to review the Bribery Act seems likely to create confusion and uncertainty, just when clarity and confirmation are needed. Impacts and…
Logistics companies and their clients run the risk of prosecution under the Bribery Act. Research* carried out by business ethics experts GoodCorporation has revealed that twelve months after the Bribery Act was passed, a significant number of logistics companies appear to have insufficient procedures in place to prevent corruption, which puts themselves and their clients…
Leo Martin of GoodCorporation said: “Britain will remain a soft touch for corporate corruption if the Serious Fraud Office (SFO) fails to demonstrate that it has an effective system in place for investigating those suspected of malpractice. Â The passing of the Bribery Act last year should have made it easier for prosecutors to catch…
Government guidance on the Bribery Act (published today) brings a period of uncertainty for British business to a close. Michael Littlechild, director of anti-corruption advisors GoodCorporation, welcomes the clarity the guidance brings to hospitality and facilitation payments, but questions a number of major omissions and out-dated exemptions. “Much of the guidance is clear, straight forward…
British embassies are failing to give enough support to help businesses stamp out demands for bribes and facilitation payments abroad. At a recent debate on ethical dilemmas in the construction industry, held by GoodCorporation at the House of Lords, a number of leading players reported that British Embassies repeatedly failed to take action when demands…
