Beatles, Bo***cks and the Bribery Act

If you didn't already spot the odd one out you obviously don't know much about British pop culture. But hey, the Bribery Act is relevant to Aussies too.

If you carry on a business in the UK it's possible to commit a criminal offence under the UK Bribery Act. Unfortunately there is no clear cut definition of what carrying on a business means. The UK authorities will use a common sense approach to decide the meaning of this term in a particular set of circumstances. Generally speaking the Act will apply to organisations that have a demonstrable business presence in the UK. It's as clear as marmite; here are a couple of examples:

An organisation will probably not be caught by the Act solely on the basis that its securities are on the London Stock Exchange.