We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
RSS FeedGovernance

Bribery Act guidance imminent

Justic minister Kenneth Clarke will revealed his long-delayed guidance Wednesday morning

Article comments

Justice minister Kenneth Clarke will reveal his long-delayed guidance on the Bribery Act 2010 at around 10.30 am on Wednesday.

The guidance, expected to be published last autumn, was delayed by Clarke due to pressure from companies concerned management could fall foul of the tough new anti-corruption laws potentially facing unlimited fines or a prison sentence.

The act will take effect three months after the publication of today's guidance.

Under the new legislation - considered to be the strictest in the world - a new offence of failure by a commercial organisation to prevent a bribe being paid for or on its behalf has been created.

Read also:

Michelle Perry's blog on the Bribery Act


Recommended Articles


Bribery Act guidance imminent

What’s going to kill your company?

What’s going to kill your company?

The role of the CFO and the board in strategic risk governancemore ..

Tesco’s new finance chief starts two months early amid accounting crisis

Marks and Spencer releases Alan Stewart early by to help deal with £250 million hole in Tesco’s accountsmore ..

Microsoft removes Bing image widget after Getty lawsuit

The company is being sued by Getty Images for copyright infringementmore ..

Apple loses bid for sales ban in Samsung patent case

Apple failed to show that it suffered enough harm as a result of Samsung's infringementmore ..

What makes a good board report?

Examining how CFOs can improve the way they report back to the boardmore ..

Examining the issue of corporate litigation funding

Litigation funding is a very useful tool for CFOs but not a panacea for all legal mattersmore ..

Send to a friend

Email this article to a friend or colleague:

PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.

In Depth
Can finance rise to the challenge of major transformation?

Can finance rise to the challenge of major transformation?

Outdated finance processes, systems and competencies leave too many questions unanswered more ..

In Depth
Interim CFO or consultant? The pros and cons

Interim CFO or consultant? The pros and cons

Ed Harding offers an insight into the life of an interim CFO and the advantages in driving transformation more ..


* *