Mark Townsley offers some practical tips on how the management of advice businesses can keep up-to-speed on the changeable and increasingly challenging anti-bribery and corruption climate
Most directors will be aware of the UK Bribery Act and what is involved in managing the risk of anti-bribery and corruption (AB&C) - but is your firm doing enough in a changeable regulatory climate? The UK Anti-Corruption Plan puts pressure on UK-based firms to help fight against global corruption and to stamp out bribery. This added responsibility poses significant challenges to UK firms when viewed alongside current compliance demands. A low appetite among firms for doing business in certain jurisdictions due to AB&C risks is a potential issue for the world economy. UK firms' respon...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
