Niall Hearty of Rahman Ravelli considers Australia's
attempt to finally update its bribery legislation.
Australia is looking to introduce a new foreign bribery law that
includes a corporate failure to prevent offence and a stricter
definition of corrupt payments.
New legislation has been tabled that, if it became law, would
overhaul Australia's current foreign bribery law, which has
been in force for decades.
The proposed new legislation, the Combatting Foreign Bribery
Bill, would remove the current requirement for prosecutors to prove
that a defendant had a specific advantage in mind when paying a
bribe. It would also introduce the offence of "improperly
influencing" a foreign official.