Payment Compliance Publishes Akin Gump Article on Recent Serious Fraud Office Successes
Payments Compliance has published the article “Corporate Bribery: Successful Prosecutions in the UK,” written by Akin Gump partner Justin Williams and counsel Tom Evans, both members of the firm’s litigation practice.
The article, which first appeared on Akin Gump’s AG Trade Law blog, recounts the United Kingdom’s Serious Fraud Office’s first-ever deferred prosecution agreement for bribery offenses and the first guilty plea under the U.K. Bribery Act (UKBA). Both of these actions, the authors write, send a signal “to the international business community that the UKBA does indeed have real teeth and cannot be ignored.” Additionally, they note, “these enforcement actions are a sharp reminder that the UKBA sets forth standards that establish essential points of reference for the anticorruption compliance policies and practices of global companies.”
To read the full article, please click here.