The Bribery Act 2010 - Update on timetable for implementation

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The UK Ministry of Justice ("MoJ") has announced the timetable for when the UK Bribery Act 2010 ("the Act") will come into force and for the preparation of the statutory guidance as to what constitutes "adequate procedures" for the purposes of the new corporate offence.

The MoJ announcement states that:

*the Act will come into force in April 2011 (a year after it received royal assent); and

*in September 2010 the Government will launch a short consultation exercise on the adequate procedures guidance. The final form of this guidance will be published early in 2011 to allow businesses time to implement changes to their procedures before the Act comes into force.

Please see full alert below for more information.

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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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