Bribery Act comes into force
Legislation aimed at making it easier to prosecute companies who make corrupt payments abroad has come into force.
The Bribery Act overhauls existing laws dating back to 1889 and creates offences that carry prison terms of up to 10 years and unlimited fines.
It makes it illegal to offer or receive bribes and to fail to prevent bribery.
Companies prosecuted under the act must show they have "adequate procedures" in place to stop bribes.
Brian Milligan reports.
01 Jul 2011
- From the section Business