BRIBERY ACT - NOW IN FORCE
The Bribery Act 2010 was finally introduced on 1 July 2011. There are 4 offences within the Act. These are:
1. Bribery - offering, promising or giving a reward to a person to induce that person to do something improperly.
2. Being bribed - taking, agreeing to take, or requesting a reward in return for doing something improperly.
3. Bribing a foreign public official - this is a specific offence relating to an attempt to influence a foreign public official.
4. The corporate offence - this occurs when an organisation fails to stop people who are operating on its behalf from being bribed or offering bribes.
Bribery Policy
a) Initially, and most importantly, ensure that you have an adequate anti-bribery policy in place
b) Identify risk areas where bribery is most likely to occur. You should identify risk areas in your company where bribery is more likely to occur. For example, a negotiating team who meets with external clients to secure business, or truck drivers stationed in volatile countries and passing through armed customs checkpoints
c) Address any employee concerns. As an employer, you should ensure that you fully address all concerns that your workforce may have regarding bribery. As this is new legislation, they may require clarification as to how the law will affect tasks that they may have been doing for years, such as arranging corporate hospitality events
d) Checklist for reviewing policies associated with bribery. As your company will have other policies in place these should be reviewed as a result of implementing a Bribery policy, and updated in accordance with Government guidelines to ensure compliance with this new piece of legislation.
Should you require any help with devising new policies, do not hesitate to contact us on 01738 632 561 or email admin@fairways-uk.com.
1. Bribery - offering, promising or giving a reward to a person to induce that person to do something improperly.
2. Being bribed - taking, agreeing to take, or requesting a reward in return for doing something improperly.
3. Bribing a foreign public official - this is a specific offence relating to an attempt to influence a foreign public official.
4. The corporate offence - this occurs when an organisation fails to stop people who are operating on its behalf from being bribed or offering bribes.
Bribery Policy
a) Initially, and most importantly, ensure that you have an adequate anti-bribery policy in place
b) Identify risk areas where bribery is most likely to occur. You should identify risk areas in your company where bribery is more likely to occur. For example, a negotiating team who meets with external clients to secure business, or truck drivers stationed in volatile countries and passing through armed customs checkpoints
c) Address any employee concerns. As an employer, you should ensure that you fully address all concerns that your workforce may have regarding bribery. As this is new legislation, they may require clarification as to how the law will affect tasks that they may have been doing for years, such as arranging corporate hospitality events
d) Checklist for reviewing policies associated with bribery. As your company will have other policies in place these should be reviewed as a result of implementing a Bribery policy, and updated in accordance with Government guidelines to ensure compliance with this new piece of legislation.
Should you require any help with devising new policies, do not hesitate to contact us on 01738 632 561 or email admin@fairways-uk.com.
posted by Liz @ Fairways at
01:41
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