PwC: Bribery Act latest “good news”

The UK Bribery Act could put private equity firms at risk

PwC has stressed the final guidance on the Bribery Act, released today, and acceptance of the need for a “proportionate and risk-based approach” to the issue, is good news for financial services companies.

The final version of the guidance on anti-bribery policies and procedures was issued by the Government -pursuant to section 9 of the Bribery Act- today.

The Act will come into force on 1st July 2011.

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