bribery act guidance

Bribery Act Guidance Gives Clarity to SMEs

Small businesses can access practical advice on how to comply with the Bribery Act ahead of its introduction on 1 July, following the publication of guidance by the Ministry of Justice. Under the Bribery Act, all businesses are required to have “adequate procedures” in place to prevent staff and anyone else who works on their behalf — such as agents — from giving or receiving bribes. Importantly, this includes anyone representing the business overseas. If convicted under the Act, directors risk an unlimited fine or even a prison sentence. The Bribery Act 2010 Quick Start Guide explains that small businesses should assess the risk of their staff committing bribery, and says that they should put procedures in place that are proportional to that risk. A longer guide has also been published th... »

The Bribery Act 2010 Guidance

The Bribery Act 2010 Guidance

The Bribery Act 2010 modernises the law on bribery. It came into force on the 1st of July 2011. This business advice article offers a quick guide to the things you need to know to prepare your business for implementation. The Government has also produced detailed guidance about the Act and the procedures that organisations can put in place to prevent bribery, as well as a set of illustrative case studies which you may find of further assistance (available here: www.justice.gov.uk/guidance/bribery.htm). Key points This Act deals only with bribery – not other forms of white collar crime Your organisation may be liable for failing to prevent a person from bribing on your behalf but only if that person performs services for you in business. It is very unlikely therefore that you will be liable... »