The Bribery Act 2010 was introduced to update and enhance UK law on bribery including foreign bribery. It is now among the strictest legislation internationally with its introduction of a new strict liability offence for companies and partnerships of failing to prevent bribery.The corporate offence carries an unlimited fine. To avoid corporate liability for bribery, companies must make sure that they have strong, up-to-date and effective anti-bribery policies and systems. You will not commit the offence of failing to prevent bribery if you can show that your organisation had ‘adequate procedures’ in place to prevent bribery.
Communication and Training is one of the key Six Guiding Principles in establishing this defence as set out by HMRC. This is to ensure you are raising awareness of the legislation and embedding understanding across your business.
Our Bribery Act eLearning training provides an overview of the Bribery Act legislation and includes potential red flag scenarios and examples on how to spot bribery and corruption.