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Vol 52 No 9

Published 29th April 2011


Getting (not too) tough on corruption

British companies fear that more rigorous laws on bribery could undermine their efforts to compete with Asian and European rivals

The Organisation for Economic Cooperation and Development had criticised the delays in implementing the new Act but stayed silent when the guidance came out at the end of March. Britain ratified the OECD Convention on Bribery of Foreign Public Officials in International Business Transactions in 1998 but had lagged behind others in passing new anti-corruption laws.

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