Examines the origins, aims and framework of corporate governance as it exists in the UK
The Bribery Act 2010 brought together various pieces of law relating to bribery. It introduced four offences, including the corporate offence, which occurs when an organisation fails to stop people operating on its behalf from being involved in bribery.
This factsheet sets out the four offences contained in the Act and the potential defences that an organisation could use if it receives a sanction. It briefly examines how an organisation can self-report if an offence is committed and the recent prosecutions brought under the Act. Finally, a number of recommendations on the action that organisations can take to comply with the Act are highlighted.
This factsheet was written by Kathy Daniels, FCIPD. It is for general information only and is not intended to apply to specific circumstances or to provide legal advice. If you have a particular problem, you are advised to seek specific legal advice.
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