About the Act
The UK Bribery Act 2010 is groundbreaking legislation that came into force on 1 July 2011. The Bribery Act makes it illegal to make or accept a bribe, under any circumstances, whether to a private individual or public official.
The Bribery Act doesn't just apply to UK companies, or companies listed on the London Stock Exchange. Rather, the Bribery Act applies to anyone who has any connection, at all, to the UK. The Bribery Act is being referred to, by many, as “the Foreign Corrupt Practices Act (or “FCPA”) on steroids”.
What does the Bribery Act mean to a company involved in a global business?