The Bribery Act introduces strict liability offences which carry heavy penalties: for organisations unlimited fines and potential exclusion from all public contracts in Europe and for individuals up to 10 years in prison and being struck off as Directors. The corporate offence of failure to prevent bribery, which has been drafted very broadly, has left companies struggling to understand what exactly they should be doing to put in place “adequate procedures” to prevent bribery. Timed to coincide with the publication of the official government guidance on the Act, this briefing presented by members our Bribery Act team in conjunction with Peter Gray QC, Director of Compass Chambers and a leading member of its specialist financial and regulatory crime team, talks through the actual steps businesses should be taking in order to defend themselves against potential charges of bribery. It includes a review of the offences and penalties introduced by the Act and considers, in a practical way, the implications for organisations doing business in the UK and what steps they ought to be taking to prepare for the Act coming into force in April 2011. The session also highlights what a business should do if it uncovers suspected bribery or corruption within its organisation or by a business associate.
The films will be of particular interest to directors, company secretaries, in-house counsel, and HR managers.
The Bribery Act – Part 1 - here
The Bribery Act – Part 2 - here
The Bribery Act – Part 4 - here
You can download a pdf copy of the full presentation (parts 1 to 4) here
Follow Us