Late last week, the UK's Serious Fraud Office, Switzerland's Attorney General, and France's National Financial Prosecutor's Office announced the establishment of an international bribery and corruption taskforce.
The new body, called the International Anti-Corruption Prosecutorial Taskforce, is likely looking to fill the gap created by US President Donald Trump's decision to scale back the Foreign Corrupt Practices Act. "We recognise the significant threat of bribery and corruption and the severe harm that it causes," the agencies wrote in the announcement. “We stand firm in our commitment to tackle this threat within the national and international legal frameworks.”
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