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Bribery Act Guidance Welcomed by ACCA

‘Hospitality is OK’, ACCA reminds the business world The 1 July 2011 introduction of the Bribery Act will bring a much needed direction to the important area of business law and regulation, says ACCA (the Association of Chartered Certified Accountants) today, welcoming the publication of the Ministry of Justice’s Bribery Act guidance. While the recent delays to the Act’s introduction have been criticised by some, it has given the Government a chance to ensure that guidance is clear, and published for the real benefit of businesses large and small. John Davies, head of technical at ACCA, and an expert in business law says: “ACCA welcomes the stress placed on the importance of such a top level commitment to anti-bribery practices. Clarification of guidance was always the sticking point... »