31 March, 2011
The Government has now published the guidance on how the Bribery Act will work in practice with effect from 1 July. Businesses now have three months to get ready for compliance or face prosecution.
There has been much discussion since the Act was passed about how far it will go in restricting corporate hospitality and similar activities falling short of the sort of thing normally associated with "bribery".
Now the guidance is available at http://www.justice.gov.uk/guidance/bribery.htm businesses will have to assess how it might affect their activities and come up with plans for compliance. These could affect policies and procedures a well as contracts inside and outside your business.
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