Cooley Contributes to Law Society Panel Review of UK Bribery Act
London – August 13, 2018 – Cooley white collar litigation partner Louise Delahunty serves as a member of a UK Law Society group that has drafted a response to the House of Lords call for evidence on the UK Bribery Act 2010. The submission was made jointly with the City of London Law Society and Fraud Lawyers Association.
The paper concludes that the act, which was introduced more than seven years ago, has had a deterrent effect, evoking much greater awareness of the serious criminal consequences of bribery, especially overseas bribery.
The submission also states that the ability to use UK Deferred Prosecution Agreements has raised awareness of the act, and that the act compares favorably with anti-corruption legislation in most other countries. Corporate clients tend to be aware of the act and bribery risk when doing business abroad.
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