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Revised anti-bribery and corruption law - Increased duties for companies and boards of directors

June 2016
Gaberthüel, T. / Poskriakov, F.

On 1 July 2016 revised rules on anti-bribery and corruption law will enter into force. The revisions aim at improving the basis to combat corruption in the business sector (so-called private sector bribery). Notably, individuals and companies may be punished cumulatively. Under the new rules, companies and their boards should take appropriate internal measures to prevent private sector bribery.

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