Menu7/31/18: An article by Christopher Niesche posted on the Australian Institute of Company Directors reviews proposed new laws against foreign bribery by Australian companies. Niesche’s article addresses the new offense for failing to prevent foreign bribery; amendments to existing laws; and the planned use of deferred prosecution agreements. Fortunately, the author then follows up with specific information about what a company director should do in the face of these upcoming policies and laws. The article about Australia’s actions against foreign bribery is important for companies with Australian operations but it also highlights regulatory and enforcement trends that extend beyond Australia’s borders.
