An article in Fire & Security Magazine on 11 September is concerned with FoI requests sent to the SFO by solicitors Rahman Ravelli appear to support the argument that self-reporting bribery and corruption concerns can bring benefits. It says that just 2 companies that self-reported their bribery and corruption concerns in the last 10 years went on to be prosecuted by the SFO. Every other company that self-reported such concerns in the period from 1 October 2009 to 30 September 2019 either gained a deferred prosecution agreement (DPA) or faced no action at all. Self-reporting is a way of addressing the situation and showing the SFO that there’s a willingness to put right the wrongs.
https://www.fsmatters.com/Self-Reporting-of-Bribery-and-Corruption
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