Bribery & Corruption

EU Whistleblowing Legislation FAQs

May 27, 2021

We first published these FAQs in June 2020 and we have made some changes to reflect more recent developments Introduction In 2019 the EU introduced a new law to enable whistleblowers to report about EU law irregularities – this law also harmonises the minimum level of protection available to whistleblowers across the EU. These new Read more »

Where Will The New Compliance Risks In Data Privacy And Bribery Live After Covid?

May 18, 2021

On 26 May Jonathan Armstrong will be joining a panel hosted by LRN in a webinar to discuss compliance risks as we adapt to a changed world. Registration is free and details of the event are below: Date: Wednesday, May 26, 2021 Time: 12:00pm – 1:00pm ET (5pm-6pm UK time) Event Summary: As organizations emerge Read more »

Client Alert: Details of Serco Deferred Prosecution Agreement Released

May 14, 2021

Introduction We reported last month on the acquittal of two former Serco Executives, Simon Marshall and Nicholas Woods. You can read our thoughts on those acquittals here https://www.corderycompliance.com/sfo-loses-case-serco-execs-acquitted/. Now that the case is over, the SFO has published the Deferred Prosecution Agreement (DPA) it entered into with Serco. The DPA was entered into in June Read more »

UK Imposes Sanctions For Corruption

May 10, 2021

What’s this all about? For the first time the UK government has imposed sanctions on individuals connected with corruption outside the UK. This article takes a brief look at this issue. What are the rules? The UK now has a new legal regime at its disposal to prevent and combat serious corruption called “The Global Read more »

Client Alert: Airbus subsidiary GPT ordered to pay over £30m over Saudi bribery

April 30, 2021

Introduction On Wednesday the UK’s Serious Fraud Office (SFO) confirmed that an Airbus subsidiary, GPT, had pleaded guilty to corruption between December 2008 and July 2010 in relation to contracts awarded to GPT for work carried out for the Saudi Arabian National Guard. The court ordered GPT to pay a confiscation order of £20.6m, a Read more »

Client Alert: SFO loses another case as Serco executives acquitted

April 29, 2021

Introduction Last month we wrote about pressure on the UK’s Serious Fraud Office (SFO) as a result of allegations made against the SFO about its conduct in the Unaoil investigation and following the successful employment case against it brought by former SFO investigator Tom Martin. You can read more about those developments here https://www.corderycompliance.com/sbm-exec-convicted-in-sfo-case/. The Read more »

Client Alert: Data Breaches and Transparency

April 28, 2021

Introduction A recent survey by Comparitech has highlighted the long-term effects of a data breach. In addition to the harm caused by a breach to a company’s reputation, staff retention and sales, data breaches can have a lasting effect on the share price of companies too. The survey looked at the share price of 34 Read more »