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.
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