Australia has taken recent steps to strengthen its anti-bribery and corruption regime by proposing amendments to the foreign bribery offence in the Criminal Code Act 1995 and proposing to introduce a deferred prosecution agreement (DPA) scheme. The business community has welcomed these proposed changes.

Closer alignment with international anti-bribery and corruption standards has already been achieved by many Australian businesses, a large number of which are operating across borders and in multiple jurisdictions.

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This article was first published in the July 2017 issue of Governance Directions, the official journal of Governance Institute of Australia.