By Greg Golding and Natalie Caton. King & Wood Mallesons
The federal election interrupted a Senate inquiry into foreign bribery. The Australian Federal Police continue to investigate a number of allegations against Australian companies involving foreign bribery and the prosecutions in the Securency matter remain ongoing.
International efforts to combat foreign bribery continue with the first corporate settlements under the UK Bribery Act and the top ten US Foreign Corrupt Practices Act settlements now exceeding US$4.5 billion, all in recent years.
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