Skip to main content

The Bribery Act 2010 – a corporate perspective

26 January 2012

This guide summarises the main provisions and practical issues arising from the new UK anti-corruption law effected by the Bribery Act 2010 (the “Act”) in the context of a corporate body (the “Company”) or group (the “Group”) that carries on business in the UK or overseas, from 1 July 2011, the Act’s implementation date.

What are the main issues?

  • The Act’s criminal offences are very broadly defined and the Act has significant extraterritorial reach;
  • it creates a new strict liability offence for a commercial organisation of failure to prevent bribery;
  • it extends to private sector transactions (previously UK bribery offences were confined to transactions involving public officials and agents); and
  • the Act’s penalties are unlimited fines for organisations and individuals and up to 10 years’ imprisonment for individuals.

Please click 'download files' to read the full PDF.

Related items

Back To Top