03 February 2011

Bribery Act delayed

The Government has delayed bringing the Bribery Act into force, until three months after it publishes its guidance. The guidance was due in January and the Act was to come into force in April. The guidance is to be made clearer and more comprehensive. It is important because it will clarify the steps businesses will have to have taken to show that they have "adequate procedures" to prevent bribery on their behalf. there is a fear that small businesses may be caught out because they will not have written manuals, processes and contracts.

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