With enforcement of the United Kingdom’s Bribery Act just over two months away, a new survey suggests many companies don’t yet have their ducks in a row when it comes to revising their compliance programs. In some cases, affected businesses may not even know where their ducks are.
Deloitte Financial Advisory Services LLP announced Wednesday that 78 percent of business professionals polled during a recent webcast anticipated greater global anti-corruption enforcement in the next year. Startlingly, 73 percent of the more than 1,000 business professionals surveyed said they aren’t yet familiar with the provisions of the U.K.’s sweeping legislation.
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