Bribery Act of little concern, says Deloitte survey

A Deloitte web survey has found that less than a tenth of respondents are concerned about the possibility of a UK Bribery Act enforcement action being brought against their company.

Bribery Act of little concern, says Deloitte survey
Bribery Act of little concern, says Deloitte survey

The survey, which polled more than 2,000 people from the financial services, consumer and industrial products, technology, media and telecoms industries, found that 57% said they are not worried and one-third said they didn’t know. 

Conducted in May, the survey followed a webcast by Deloitte and comes nearly a year after the Act was implemented.

Meanwhile, around a fourth of respondents said their company has changed its anti-corruption compliance programs in the wake of the Bribery Act. About 22% said their company had not changed its programs, while more than half said they did not know or it did not apply.

More than half of respondents said they expected the number of individual executives charged with corruption violations will increase. Fewer than 20% said there would be no change and about 6% said it would decrease.

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