Private Equity Newsletter - November 2012

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Explore:  Anti-Bribery SFO

In this issue:

- Private Equity Sound Bite – Anti-Bribery

- Private Equity Practice Recognition

- Transaction Highlights

- Global Expansion

- Private Equity Events Across the Region

An excerpt from "Private Equity Sound Bite – Anti-Bribery"

Potential liability for the corrupt acts of third parties may be not be high on the lists of concerns of the private equity community when considering potential investments. But, it should be. The Serious Fraud Office (“SFO”) has already highlighted that organisations involved in private equity with a connection to the UK could be exposed to liability under the “Corporate Offence” of the Bribery Act 2010 for the corrupt acts of companies that they actively invest in (no matter where those companies are based) unless the private equity company has adequate procedures in place to prevent this.

Please see full newsletter below for more information.

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Written by:

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SFO

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Reed Smith | Attorney Advertising

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