The Bribery Act 2010

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The Act is a significant piece of new legislation which no company doing business in the United Kingdom can afford to ignore. The Act obliges any company operating in the United Kingdom to review its policies and business procedures to ensure that it is not dragged into costly and potentially damaging bribery proceedings. In addition, the Act sets out a catalogue of penalties, including fines which in certain cases can be unlimited.

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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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