The Bermuda Government's new Bribery Act 2016 came into
force on 1 September, 2017 (Bribery Act),
drastically modernising Bermuda's anti-bribery legislation. The
Bribery Act is largely modelled on the UK's Bribery Act 2010,
but it is important that persons and organisations in Bermuda
understand the provisions of the Bermuda Bribery Act which has wide
implications and introduces a number of new offences into Bermuda
law.
Multi-national enterprises based in or connected to Bermuda
should analyse their risk and ensure that they implement procedures
that sufficiently take into account Bermuda anti-bribery
provisions. To assist, the Bermuda Government has issued Guidance
on how commercial organisations can ensure that they comply with
the Bribery Act entitled 'The Bribery Act 2016 Guidance
about procedures which relevant commercial organisations can put
into place to prevent persons associated with them from bribing
(section 11 of the Bribery Act 2016)'
(Guidance).
