New legislation passed which will put onus on companies – when did your company last undertake a risk assessment on corruption? In brief The Australian government has, after many years of deliberation, passed the Crimes Legislation Amendment (Combatting Foreign Bribery) Bill 2023 (“Bill”) which introduces a new indictable corporate offence of failing to prevent foreign bribery. This offence will apply where an associate of a company has committed bribery in relation to a foreign public official for…
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