Bribery

Key points

The Bribery Act 2010:

The Bribery Act 2010 aims to promote anti-bribery practices amongst businesses, and came into force on 1 July 2011. An organisation will commit a criminal offence, if it fails to prevent bribery that is intended to get or keep business or an advantage in the conduct of business for the organisation.

Organisations need to take steps to address the risks of bribery; they need to demonstrate that they have put clear, practical bribery prevention policies and procedures in place.

There are two general offences: the first covers the offering, promising or giving of a bribe - active bribery; and the second is passive bribery - requesting, agreeing to receive, or the accepting of a bribe.