The UK response to bribery: how do we measure up on a global scale?
The Bribery Act 2010 came into force with a fanfare in July 2011. Bringing the UK’s outdated laws up to the standard required by its OECD commitments, the UK government promised a zero-tolerance approach to bribery and corruption. With blanket bans on facilitation payments and corporate criminal liability for companies that failed to prevent bribery, the Bribery Act made the UK’s anti-bribery laws some of the strictest in the world. Yet two-and-a-half years on, we have yet to see the first corporate prosecution.
Together with the recently announced closure of the National Fraud Authority, the UK’s commitment to tackling bribery and corruption is now in question.
Hannah Nichols and Emma Gordon of Eversheds’ fraud and investigations group take a look at the recent developments in bribery and corruption enforcement in the UK compared with the prosecution records of the US, China and Russia…
Click on the link below to read the rest of the Eversheds briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Eversheds
News from The Lawyer
Briefings from Eversheds
Africa e-briefing, December 2014: OHADA Masters degree; integration of EALI members; EALI and Morrocan country guide, COMESA guidelines and foreign exchange reform
Eversheds’ Africa e-briefing includes the new OHADA Masters degree, the integration of EALI members, the EALI summit and country guides, Morrocan guide, COMESA guidelines and foreign exchange reform.
A new Consumer Rights Bill introducing changes to the provision of goods, services and digital content, is set to become law in October 2015.
Analysis from The Lawyer
Eversheds is no stranger to an international tie-up but now it’s in the market for the jewel in its global crown
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all