Yet companies can hardly ignore the obligation to implement vigorous compliance procedures if they do business in Britain and want to remain in compliance with the internal control requirements imposed by the Sarbanes-Oxley Act. So while the Bribery Act strongly encourages companies doing business there to enhance their compliance procedures to lay the groundwork for a defense to any charge, the Dodd-Frank Act may lead employees to bypass those programs in order to report potential wrongdoing to the S.E.C. and reap a reward.
Read more: Bribery and the Gathering Storm Over Compliance — DealBook
