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Browse: Home / 2011 / June / 13 / Russian business with a UK subsidiary or listing? The SFO fire another warning shot.

Russian business with a UK subsidiary or listing? The SFO fire another warning shot.

By Securities Docket on June 13, 2011, 10:06 am

Many have assumed (especially after the publication of the UK government guidance which cast doubt over whether a UK subsidiary or listing would sweep non-UK businesses into the Bribery Act net) that the activity of a sister company paying bribes in another country would not trigger Bribery Act liability for a foreign parent (or its UK subsidiary) and that as a result the SFO would be powerless to act. However it is clear that the SFO take a different view.

Read more: Russian business with a UK subsidiary or listing? The SFO fire another warning shot. — thebriberyact.com

Posted in Global, Top | Tagged UK, UK Bribery Act

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