The most extensive revision of UK bribery laws takes place on 1 July 2011 when the Bribery Act 2010 comes into force.
The Act has far reaching implications and all businesses need to ensure they have adequate procedures in place to minimise the risk of committing the new corporate offence of failing to prevent bribery. Businesses (especially those involved in overseas trade) will need to review trading practices and train staff to ensure they understand what they can and cannot do under the Act. Internal anti-corruption and employment policies will also need to be reviewed and updated.
To assist businesses prepare for the introduction of the Act we have produced:
- a guidance note on the implications of the Act - to access the guidance note, please click here;
- an overview of the Government guidance on adequate proceedures - to access the guidance note, please click here;
- standard form risk assessment questionnaires and a board briefing memorandum;
- a training session for board members and senior managers.
If you wish to receive further information about these products and services, please contact one of our Bribery Act team listed below or your usual contact at Stevens & Bolton LLP.
Richard King - richard.king@stevens-bolton.com
Beverley Flynn - beverley.flynn@stevens-bolton.com
Hannah Ford - hannah.ford@stevens-bolton.com