Bribery & Corruption
Industry News
The taskforce, made up of the UK Serious Fraud Office (SFO), France’s Parquet National Financier (PNF), and the Office of the Attorney General of Switzerland (OAG), aims to strengthen collaboration in tackling the threat posed by bribery and corruption.
Key deliveries for the taskforce include:
➡️ A leaders’ group focused on regularly exchanging insights and strategy;
➡️ A working group focused on drafting proposals for co-operation on cases related to bribery and corruption;
➡️ Improved sharing of best practice to leverage joint expertise; and
➡️ An enhanced forum for seizing opportunities and strengthening collaboration between agencies.
"This is a positive first step, but collaboration with more jurisdictions will be required for a more meaningful and widespread impact.” - Dan Keay, Plenitude Director and anti-bribery and corruption (ABC) subject matter expert.
✅ Firms should review their ABC risk assessments methodologies in order to ensure they are robust and controls are proportionate based on threats identified.
