UK cracks down on corporate bribes.

The article reports on the possible impact of the recently passed anti-bribery legislation in Great Britain on the exposure of corporate directors to liability claims. Legal experts state that companies need to revisit their risk management practices, governance controls and directors and officers liability coverage. Neil Beresford, a partner at Clyde & Co., notes that the legislation could make it easier for authorities to prosecute companies and their directors for offenses related to bribery.