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ARTICLE · 06 JULY 2011

Bribery Act Becomes Law

DMH Stallard LLP
DMH Stallard LLP
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After a long time of uncertainty and speculation, the Bribery Act 2010 finally became law today, 1 July 2011.

United KingdomCriminal Law

After a long time of uncertainty and speculation, the Bribery Act 2010 finally became law today, 1 July 2011.

For all businesses operating in the UK, the Bribery Act should be of concern, particularly to senior management, and even the most scrupulous. All business should reconsider their compliance programmes, if they have not done so already.

It may be distasteful to be concerned with the subject, but the Act creates serious risks of criminal liability for individuals (including not only the briber but also managers of the briber) and the business which employs the briber. The new corporate offence of failure to prevent bribery has caused much concern, making it far easier for the prosecutors to attack businesses.

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