Tag Archives: hospitality

Blunt new statements of policy from the SFO on facilitation payments, gifts and hospitality and self-reporting

Following on from our last blog, the SFO has published revised statements of policy on its website dealing with facilitation payments, business expenditure (i.e. hospitality and gifts) and self-reporting which take immediate effect and revoke previous guidance. The new statements of policy are blunt. Facilitation payments – the SFO has reiterated that these are illegal under … Continue Reading

UK Bribery Act – practical guidance

The Director of the Serious Fraud Office (SFO), Richard Alderman, gave a speech yesterday about the Bribery Act which touched on many practical issues and further guidance to be issued. The speech covered: Prosecution guidance – this should be issued by Mr Alderman and the UK Director of Public Prosecutions at the same time as … Continue Reading
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