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Q&A on the Bribery Act for Private Equity Firms
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The UK Bribery Act 2010 has been made effective as of 1 July 2011 . The Ministry of Justice's final guidance on the adequate procedures commercial organisations is in place to prevent bribes being paid on their behalf is still expected to be published shortly. Private equity firms are among those currently introducing or enhancing anti-bribery controls, but what risks do they need to address, and what are the particular implications of the Bribery Act for private equity firms?
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