The Bribery Act 2010 and Its Impact on Your Organisation
The UK Government guidance (the “guidance”) on “adequate procedures” has finally been published and the UK Bribery Act 2010 (“Bribery Act”) is to be implemented on the 1st July 2011. The new corporate offence of “failing to prevent bribery” by a commercial organisation and the defence of “adequate procedures” has generated the most interest in the media, and we’ll concentrate on those two areas in this article.
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