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Bribery Act - A Cross-Border Anti-Corruption Law

Business corruption involves a great deal of money. The defense industry in particular is known for the enormous sums involved. EADS, one of the world's largest defense contractors, is currently facing serious bribery allegations. Britain has also seen its share of corruption scandals.

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A year and a half ago the British government launched the Bribery Act, billed as one of the toughest anti-corruption laws to date. The UK Bribery Act makes both active and passive bribery criminal offences, and its application is not limited to British companies.