UK Bribery Act Guidance Sheds Little Light On FCPA

Law360, New York (October 10, 2012, 7:35 PM ET) -- When U.K. regulators tweaked the country's anti-bribery law Tuesday, it fueled additional speculation over a long-awaited guidance on the U.S. Foreign Corrupt Practices Act, but attorneys cautioned against reading too far into the policy revision.

The U.K. Serious Fraud Office said in a policy guidance that it would take a tougher stance on prosecuting companies even if they self-report illegal activity. The SFO also vowed to increase scrutiny of bribes offered in the form of hospitality expenses and facilitation payments, which are unofficial payments made to...
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