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ARTICLE · 18 FEBRUARY 2010

Anti-corruption and foreign corrupt practices

Norton Rose Fulbright Australia
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There has been further progress in the United Kingdom regarding the proposed anti-bribery legislation and the ongoing investigation into BAE Systems by the Serious Fraud Office.

AustraliaCorporate/Commercial Law
Lindsay Houghton
Lindsay Houghton
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There has been further progress in the United Kingdom regarding the proposed anti-bribery legislation and the ongoing investigation into BAE Systems by the Serious Fraud Office.

The UK Justice Secretary, Jack Straw MP, has announced the launch of the government's foreign bribery strategy. It builds upon the government's anti corruption work over the past 3 years and aims to help strengthen its reputation as one of the least corrupt countries in the world.

The strategy aims to:

  • modernise and strengthen the UK law on bribery by enacting a new Bribery Act
  • encourage and support UK companies to establish and apply appropriate standards of ethical business conduct to combat foreign bribery

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