EU is finalising its first Anti-Corruption Directive, focusing on public and private sector accountability and corporate liability, with the EP set to finalise this landmark law

The Directive is poised to significantly impact financial crime compliance across both the public and private sectors, while strengthening broader efforts to tackle corruption. The key highlights proposes a mechanism for removing immunity from high-level officials in cases of serious criminal offenses, introduces corporate liability for failing to prevent bribery and corruption…