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ARTICLE · 19 JULY 2010

Corporate Ethics: Hewlett-Packard

The UK Bribery Act 2010 (the Act) was passed in the final days of the outgoing administration on 9 April 2010. It has yet to come into force, but is scheduled to do so later this year. The Act introduces four new offences: Bribing, Being Bribed, Bribing a Foreign Public Official; and Failure to prevent corruption within an organisation.

AustraliaCorporate/Commercial Law

UK - Bribery Act

The UK Bribery Act 2010 (the Act) was passed in the final days of the outgoing administration on 9 April 2010. It has yet to come into force, but is scheduled to do so later this year.

The Act introduces four new offences:

  • Bribing
  • Being Bribed
  • Bribing a Foreign Public Official; and
  • Failure to prevent corruption within an organization

It is the last offence on the above list that should particularly concern all corporates. The offence can be committed by any corporate entity, regardless of place of incorporation, if it carries on a business, or part of a business, in the UK. Carrying on a business is not confined to having a branch or office in the UK; business can be carried on through agents, distributors or employees.

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