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Follow on Google News | UK Bribery Act: Six principals to live by for best practicesExpert guest blog entry part 2 of 3. Due Diligence and Clear, Practical and Accessible Policies and Procedures. Get the best practices and tips right off of our blog.
Initially it should be noted that the Six Principles are designed to be result oriented and to allow a flexible approach to ethics and compliance. US practitioners will observe this is in contrast to the US approach, which is much more rules based. The UK approach is to allow each company to tailor its policies and procedures so that they are proportionate to the nature, scale and complexity of its activities. Clearly there is a huge variety of circumstances; PRINCIPLE 3 – Due diligence The commercial organisation has due diligence polices and procedures which cover all parties to a business relationship, including the organisation’ Access full article at http://www.americanconference.com/ Get even more when you subscribe to our RSS feed! http://www.americanconference.com/ # # # About American Conference Institute: A unique organization, American Conference Institute is devoted to providing the business intelligence that senior decision-makers need to respond to challenges both here in the US, and around the world. Staffed by industry specialists, lawyers and other professionals, American Conference Institute operates as a think tank, monitoring trends and developments in all major industry sectors, the law, and public policy, with a view to providing information on the leading edge. End
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