Sponsored video: Bribery Act threat still looms

Kimberly Romaine of unquote" speaks to Sterl Greenhalgh, partner in Grant Thornton's forensic and investigation practice, and McGuireWoods partner Vivien Robinson QC about what firms can do to ensure they don't fall foul of the act.

While no company has yet been prosecuted, cases can be complex and take many years of investigation. A similar act in the US did not produce a prosecution for two years and it may be some time before cases reach the public domain.

Private equity is particularly at risk when takeover targets have overseas subsidiaries operating in high risk areas, as the Serious Fraud Office can hold the UK parent liable for possible breaches abroad.

While no firms have yet been prosecuted over the Bribery act, experts warn against complacency

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