UK Bribery Act

Complying with the UK Bribery Act – Practical Steps

Complying with the UK Bribery Act – Practical Steps

Many small businesses whose corporate hospitality has been at the heart of their customer service are now falling foul of ‘super compliance’ – put simply, their concerns about the UK Bribery Act mean they have removed all customer gifts or goodwill incentives. Whilst ensuring your staff are fully conversant with the Act is good business practice, it’s equally as important to know what you are still able to offer clients. Sensible promotional entertainment expenditure is not an offence under the Act but the Serious Fraud Office may take action against your organisation if any particular case of corporate expenditure appears to fall outside the bounds of reasonable and proportionate hospitality. You can help to protect your organisation through the following practical steps: 1. Issuing a cle... »