On 26 October, an article from Out-Law published an article saying that the financial industry group guidance sets out a practical, risk-based definition of public officials for the purpose of ABC compliance, saying it is likely to become a sector benchmark and reference point that firms will need to consider as part of ABC risk assessments on cases involving public officials.
https://www.pinsentmasons.com/out-law/analysis/public-officials-defined-uk-anti-bribery-corruption
The guidance, published on 30 September, is at –
https://www.ukfinance.org.uk/system/files/Anti-Bribery-and-Corruption-Compliance-paper-FINAL.pdf
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