Director’s and Officers Insurance: Does it Cover the UK Bribery Act?
In this new era of UK Bribery Act enforcement and compliance, companies need to re-examine their existing Directors and Officers (D&O) insurance to make sure it covers UK Bribery Act liability. Most important for compliance purposes is the new section 7 of the UK Bribery Act which establishes a strict liability corporate offense for failure to prevent bribery. The only defense for the company is...