ECGD rethinks anti-bribery shift
28 August 2012
Supply chain professionals face uncertainty over anti-corruption rules after the government was forced to review its regulations.
The Export Credits Guarantee Department (ECGD), which insures UK companies’ contracts with overseas clients, has agreed to a public consultation on its rules that businesses have to guarantee their overseas deals are free from corruption and bribery.
The regulations were relaxed in May after business groups claimed British firms could lose out to competitors in...