'Transparency' the new watchword for business

Written By: Benedicte Page Publication Date: Fri, 05/08/2011 - 08:50 Publishers must tighten up their business practices across the developing world or risk falling foul of new anti-bribery legislation, senior figures from the international book trade have said. The Bribery Act, which came into force last month, makes UK companies liable for corrupt acts committed by an agent or representative anywhere in the world, with or without their knowledge. Last month Macmillan agreed to pay £11.3m in a civil settlement with the Serious Fraud Office in a case prompted by attempted bribery by an agent in Southern Sudan. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-08-04 00:00:00 UTC ]
News tagged with: #business practices #developing world #fraud office

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