The UK's new wide-ranging anti-bribery legislation, the Bribery Act 2010, passed through the House of Commons on 8 April 2010, received Royal Assent the same day and is now law.
The Bribery Act 2010 has been called the "toughest enforcement standard in the world" and is markedly different from the US equivalent, the Foreign Corrupt Practices Act of 1977 (FCPA), which was formerly regarded by many as the high-water mark.
The new legislation replaces UK legislation stretching back to 1889 and has a number of stringent new features, including...
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Business Organization Updates, Criminal Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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