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Anti-bribery training launched in City of London | Anti-bribery training launched in City of London |
(about 6 hours later) | |
A training scheme to help curb the number of bribery cases affecting UK businesses has been launched | A training scheme to help curb the number of bribery cases affecting UK businesses has been launched |
City of London police and the British Standards Institution will deliver a number of courses to help firms comply with anti-bribery legislation. | |
Companies risk unlimited financial penalties if they do not comply with the UK Bribery Act, Individuals found guilty can be imprisoned for 10 years. | Companies risk unlimited financial penalties if they do not comply with the UK Bribery Act, Individuals found guilty can be imprisoned for 10 years. |
The training programmes will begin in September 2013. | The training programmes will begin in September 2013. |
"Bribery is the most insidious form of corruption," said Adrian Leppard, City of London police commissioner. | "Bribery is the most insidious form of corruption," said Adrian Leppard, City of London police commissioner. |
"It permeates and destabilises the social fabric of developing societies and denies communities their rightful aid." | "It permeates and destabilises the social fabric of developing societies and denies communities their rightful aid." |
"Good business must be seen to identify and deter bribery, suffocating its opportunity to manipulate and debase transactions." | "Good business must be seen to identify and deter bribery, suffocating its opportunity to manipulate and debase transactions." |
The City of London police are currently investigating 25 individual cases of bribery. They say that this new training programme will help UK businesses to implement effective anti-bribery systems. | The City of London police are currently investigating 25 individual cases of bribery. They say that this new training programme will help UK businesses to implement effective anti-bribery systems. |
BSI is a business standards company that provides certified training to organisations. | |
"The ongoing threat of bribery related corruption has undoubtedly triggered concern amongst UK business leaders," said BSI chief executive Howard Kerr. | "The ongoing threat of bribery related corruption has undoubtedly triggered concern amongst UK business leaders," said BSI chief executive Howard Kerr. |
"No organisation is immune from bribery risk, however organisations can demonstrate that they have adequate procedures in place to prevent bribery and the financial and reputational costs associated with it." | "No organisation is immune from bribery risk, however organisations can demonstrate that they have adequate procedures in place to prevent bribery and the financial and reputational costs associated with it." |
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