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Guidance on the British Bribery Act of 2010

Guidance on the British Bribery Act of 2010

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Published by DealBook
British Ministry of Justice's guidance on the Bribery Act of 2010.
British Ministry of Justice's guidance on the Bribery Act of 2010.

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Published by: DealBook on Apr 01, 2011
Copyright:Attribution Non-commercial

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07/10/2013

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THEBRIBERYACT
2010
Guidance
about procedures which relevant commercialorganisations can put into place to preventpersons associated with them rom bribing(section 9 o the Bribery Act 2010)
 
THEBRIBERYACT
2010
Guidance
about procedures which relevant commercialorganisations can put into place to preventpersons associated with them rom bribing(section 9 o the Bribery Act 2010)
 
The Bribery Act 2010 – Guidance
2
Foreword
Bribery blights lives. Its immediate victims include rms thatlose out unairly. The wider victims are government and society,undermined by a weakened rule o law and damaged social andeconomic development. At stake is the principle o ree and aircompetition, which stands diminished by each bribe oered oraccepted.
Tackling this scourge is a priority or anyonewho cares about the uture o business, thedeveloping world or international trade. Thatis why the entry into orce o the BriberyAct on 1 July 2011 is an important steporward or both the UK and UK plc. In linewith the Act’s statutory requirements, I ampublishing this guidance to help organisationsunderstand the legislation and deal with therisks o bribery. My aim is that it oers clarityon how the law will operate.Readers o this document will be awarethat the Act creates oences o oering orreceiving bribes, bribery o oreign publicocials and o ailure to prevent a bribebeing paid on an organisation’s behal.These are certainly tough rules. But readersshould understand too that they are directedat making lie dicult or the mavericksresponsible or corruption, not undulyburdening the vast majority o decent,law-abiding rms.I have listened careully to businessrepresentatives to ensure the Act isimplemented in a workable way – especiallyor small rms that have limited resources.And, as I hope this guidance shows,combating the risks o bribery is largelyabout common sense, not burdensomeprocedures. The core principle it sets outis proportionality. It also oers case studyexamples that help illuminate the applicationo the Act. Rest assured – no one wants tostop rms getting to know their clients bytaking them to events like Wimbledon orthe Grand Prix. Separately, we are publishingnon-statutory ‘quick start’ guidance.I encourage small businesses to turn to thisor a concise introduction to how they canmeet the requirements o the law.Ultimately, the Bribery Act matters or Britainbecause our existing legislation is out o date.In updating our rules, I say to our internationalpartners that the UK wants to play a leading

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