On the heels of the U.K.'s guidance on its new Bribery Act comes a survey suggesting businesses are deeply concerned about global corruption. Half the companies polled have delayed or called off new business opportunities over concerns about corruption risk and more than half avoided deals for fear of violating regulations.
April 07, 2011 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
On the heels of the U.K.’s guidance on its new Bribery Act comes a survey that suggests businesses are deeply concerned about global corruption. Downright gloomy, in fact. One of the few upbeat responses concerns the new British law, about which compliance professionals are described as “most optimistic.”
Beyond that, there wasn’t much to cheer about in the biannual Dow Jones State of Anti-Corruption Survey, released on Thursday.
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