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"Just not good enough" - FSA slams banks' response to the Bribery Act


The UK Financial Service Authority recently published the results of its review into anti-bribery and corruption systems and controls implemented by investment banks since the Bribery Act 2010 came into force in July 2011. The FSA was disappointed to find a serious lack of effective anti-bribery controls within the financial sector.

Macfarlanes' fraud and financial crime team outline the key findings of the FSA's review and why it represents a stark reminder for firms to fully assess their risk control systems.

To read on, click 'View Briefing'.

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