Bribery Act 2010 - Guidance on adequate procedures published
Following much publicised delay, the Ministry of Justice (“MoJ”) has today published its guidance about procedures commercial organisations can put in place to prevent persons associated with them from committing bribery (the “Guidance”), in accordance with section 9 of the Bribery Act 2010 (the “Act”). The Act will come into force on 1 July 2011, to allow businesses a three month period in which to ensure their policies comply with the Guidance.
The Guidance differs somewhat from the draft first published by the MoJ in September last year and is to be welcomed in providing much needed clarification on specific issues which had been raising considerable concern amongst businesses. Although the Act itself is not watered down, the Government has clearly listened to business concerns and provided some common-sense guidance.Download entire issue (as pdf)