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The Bribery Act

75,00 Kz

The Bribery Act is a UK law that addresses issues related to bribery and corruption. Enacted in 2010, it aims to provide a comprehensive framework for preventing bribery in both public and private sectors. The Act outlines offenses related to bribery, including the offer, promise, or giving of a bribe, […]
Category: SKU: HR12 Categories: ,

The Bribery Act is a UK law that addresses issues related to bribery and corruption. Enacted in 2010, it aims to provide a comprehensive framework for preventing bribery in both public and private sectors. The Act outlines offenses related to bribery, including the offer, promise, or giving of a bribe, as well as the request, agreement, or acceptance of a bribe.

Key provisions of the Bribery Act include the prohibition of bribing foreign public officials, strict liability for companies that fail to prevent bribery by their employees, and the requirement for organizations to implement adequate procedures to prevent bribery. The Act applies to individuals and businesses, both in the UK and abroad, if they have a close connection to the UK, such as being incorporated or carrying on business there.

Penalties for violating the Bribery Act can be severe, including substantial fines and imprisonment. As a result, organizations are encouraged to establish clear policies and training to foster a culture of integrity and compliance with anti-bribery laws.

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