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Revised Rules on Anti-Bribery and Corruption Law – Increased Duties for Companies and Their Boards of Directors
On 1 July 2016 revised rules on anti-bribery and corruption law entered into force. The revisions aim at improving the basis to combat corruption in the business sector (so-called private sector bribery). Notably, individuals and companies may be punished cumulatively. Under the new rules, companies and their boards of directors should take appropriate internal measures…
Reference: CapLaw-2016-24