Bribery Act
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UK - law.
The UK's Bribery Act, 2010.
The Bribery Act 2010 was introduced to update and strengthen UK laws against bribery, including foreign bribery.
Among other aims, the Bribery Act is designed to address the requirements of the 1997 OECD anti-bribery Convention.
- Extraterritorial aspect - UK Bribery Act
- ""The Act
- Describes four offences to be defined as bribery...
- Introduces an extraterritorial aspect to each of the four bribery offences by including all acts and omissions which take place within or outside the UK...
- Helps tackle the threat that bribery poses to economic progress and development around the world.
- The four defined bribery offences are:
- Offering or giving an advantage expressed in financial or other terms to a person to perform a public function or business activity in an improper way.
- Requesting, accepting or agreeing to receive an advantage personally...
- Offering or giving any advantage to foreign public officials...
- The failure by a commercial organisation to prevent a bribe being paid for or on its behalf to achieve an advantage in the conduct of business."
- The Bribery Act - United Kingdom - the Treasurer's Wiki.
