Government proposes regulation for private security firms
Fri Apr 24, 2009 6:40pm BST
LONDON (Reuters) – The government proposed national and international codes of conduct on Friday to regulate private security contractors, a multi-billion dollar industry that plays a sometimes controversial role in conflict zones.
The system would be self-regulatory and the main sanction facing private security firms that broke the code would be losing government and other business.
Security firms are active in conflict areas like Iraq and Afghanistan, protecting officials, aid workers and journalists. Some have raised controversy, such as U.S. firm Blackwater, five of whose guards are accused of killing 14 unarmed civilians in a 2007 shooting in Baghdad.