RUSSEL FIELDING

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Financial Crime

Bribery, corruption and the modern compliance challenge

The UK Bribery Act 2010 is now fifteen years old. It has been in force long enough for organisations to have built their anti-bribery programmes, trained their staff, and satisfied themselves that they are compliant. And yet, when you examine those programmes closely, a consistent pattern emerges. Many organisations know

The expanding failure to prevent model

The failure-to-prevent model has become the default global framework for enforcing corporate accountability for economic crime. Many organisations have not kept pace. What began as a single provision in the UK Bribery Act 2010 is now expanding rapidly across jurisdictions, reshaping corporate liability and the standard regulators expect of compliance