- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The U.K. Serious Fraud Office has commenced an investigation into the activities of ABB’s U.K. subsidiaries, their officers, employees, and agents for suspected offenses of bribery and corruption. Jaclyn Jaeger has more.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
The U.K. Serious Fraud Office closed its bribery investigation into power and automation technology provider ABB after concluding the case “did not meet the relevant test for prosecution.”
How the U.K.’s key anti-bribery and corruption agency conducts its ongoing Unaoil investigation may provide compliance officers with helpful insight should they ever find themselves dealing with it in the future.
Jamaica and Türkiye made “significant progress” addressing deficiencies in their anti-money laundering/countering the financing of terrorism (AML/CFT) programs, warranting their removal from the Financial Action Task Force’s grey list.
