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UK companies must weigh self-reporting of bribery issues, says leading adviser

By Martin Coyle ( March 2, 2016, 17:09 GMT | Insight) -- UK companies that self-report bribery problems could limit the damage to their reputations and face smaller fines but they might open themselves up to prosecution overseas, according to a leading adviser on financial crime. David Brain, head of assurance at consultancy Bovill, said that companies must consider a number of pros and cons when deciding whether to approach the Serious Fraud Office with possible bribery and corruption issues. UK companies that self-report bribery problems could limit the damage to their reputations and face smaller fines but they might open themselves up to prosecution overseas, according to a leading adviser on financial crime....

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