Is this the correct advice to businesses which are now subject to the Bribery Act 2010?
After the thousands of words written about it over the past 18 months, the Bribery Act has now come into effect. As from July 1st 2011, British business has to face up to the reality of doing business under a statutory anti-bribery regime in much the same way as US business has done for over 30 years with its Foreign Corrupt Practices Act.
What does this mean for business? There are countless commentaries on the subject and, as they are readily accessible on the internet and in legal journals, I hesitate to add to the welter of information on the subject. Temptation gets the better of me in a small way so let me remind you, shortly, that: