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Key Elements of the Bribery Act

The Act aims to modernise and simplify existing legislation to allow prosecutors and the courts to deal with bribery more effectively. Tough penalties will be introduced against individuals and organisations found guilty.

The Impact of Fraud

According to the BDO Stoy Hayward survey, the total cost of fraud in 2008 increased to £1.19 billion, up 14% from 2007. Reported fraud cost the UK £960 million in the first half of 2009. This figure represents ‘the tip of the iceberg’.

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