With the passage of the Dodd-Frank Act, the United States government showed an increased emphasis on dealing with corruption issues head-on. Now, this attitude seems to have spread across the pond, as the United Kingdom has implemented new policies inspired by Dodd-Frank in order to ramp up its own dealings with graft and bribery.
The British government recently unveiled this new strategy, which will reorganize its approach to corruption and bribery. One key facet of this new strategy that was clearly inspired by the Dodd-Frank Act was a new system to reward whistleblowers. The proposed system would reward individuals who provide tips about potential corporate wrongdoing.