BusinessCompany NewsDTI to rexamine dilution of bribery rules

DTI to rexamine dilution of bribery rules

A legal challenge to UK anti-bribery regulations has forced government to back down on its plans to dilute regulations concerning facilitation payments.

Link: DTI will not legislate on fat cat pay

Anti-corruption lobby group Corner House was set to launch a judicial review challenging the decision to ease controls stipulated by the Export Credits Guarantee Department when the DTI brokered a last-minute deal and promised to re-examine the changes.

Airbus, BAE Systems and Rolls-Royce had persuaded government to ease the original regulations, arguing that they would jeopardise a number of lucrative contracts.

The move from Corner House, however, has put the regulations back on the agenda and left business uncertain as to whether it will have to submit to the initial controls after all.

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