The Crimes Legislation Amendment (Combatting Corporate Crime) Bill (the Combatting Corporate Crime Bill) will be the most significant shake up of Australia’s anti-corruption landscape for companies since the foreign bribery offence was introduced in 1999. It introduces a new ‘failure to prevent’ foreign bribery offence, lays the groundwork for Australian regulatory guidance on anti-corruption compliance programs, and opens the way for a new enforcement model for corporate crime through a deferred prosecution agreement (DPA) scheme. With the ALRC’s Report on Corporate Criminal Responsibility broadly endorsing key elements of the Combatting Corporate Crime Bill, we expect it to continue moving through Parliament in future sittings.
In our briefing (available here) our team in Australia canvasses five questions to ask to help ensure you and your organisation are ready for these anticipated changes.
Key contacts
Karen Anderson
Consultant, London
Susannah Cogman
Partner, London
Elizabeth Head
Of Counsel, London
Marina Reason
Partner, London
Kelesi Blundell
Partner, London
Hywel Jenkins
Partner, London
Chris Ninan
Partner, London
Jon Ford
Partner, London
Clive Cunningham
Consultant, London
Chee Hian Kwah
Director, Prolegis LLC, Singapore
Valerie Tao
Knowledge Lawyer, Hong Kong
Cat Dankos
Senior Regulatory Consultant, London
Disclaimer
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