New Case May Test the UK Bribery Act's 'Adequate Procedures' Defence
By EsqSocial Corporation 28/04/25
On 17 April, the UK’s Serious Fraud Office (SFO) charged a UK-based insurance company, United Insurance Brokers Limited (UIB) with ‘failure to prevent bribery’ in connection with its international reinsurance activity in Ecuador, under section 7 of the UK’s Bribery Act 2010 (UKBA)....
By: Ropes & Gray LLP