Anti-Corruption

Anti-Corruption

Corruption takes many forms, including bribery, kickbacks, illegal gratuities, economic extortion and collusion, placing law-abiding companies at a competitive disadvantage. Legislation issued in the UK Bribery Act 2010 and the US Foreign Corrupt Practices Act (FCPA) provide companies with a clear warning against corrupt business activities. In particular, the UK Bribery Act 2010 introduced a new “strict liability” offence for corporate entities that fail to prevent bribery by their employees, agents or subsidiaries (both domestic and foreign).

The only defence available is that the corporate entity had in place “adequate procedures” to prevent bribery. This potential corporate liability is wide and far-reaching and could have grave consequences for corporate entities and their executives, including unlimited fines.

Despite these various legislative measures, corruption is still a significant problem for businesses and executives, particularly due to growing financial pressures and opportunities in unregulated markets.

Our investigative due diligence will examine whether corruption schemes exist within your business and supply chains, implement robust anti-bribery and corruption provisions and policies, as well as guiding you through any subsequent investigations.

TenIntelligence can assist your organisation with the review of existing contractual terms with employees, agents and other parties in your supply chain to ensure compliance with the UK anti-bribery legislation and the “adequate procedures” requirements.

Our investigative due diligence will examine whether corruption schemes exist within your business and supply chains. We assist clients implement robust anti-bribery and corruption provisions and policies, as well as guiding them through any subsequent investigations.”

  • Enhanced Due Diligence
  • Proceeds of Crime Act
  • Foreign Corrupt Practices Act
  • UK Bribery Act
  • Supply Chain Screening
  • Anti-Bribery Policy Review
  • High Risk Jurisdictions