Alerts

Bribery Act 2010: The UK's New Anti-Bribery and Corruption Law and Its Interaction with the US Foreign Corrupt Practices Act

August 26, 2010

For any organisation doing business in the United Kingdom, the risks relating to corrupt payments will increase markedly beginning in April 2011, when The Bribery Act 2010 (the "Act") takes effect. The Act sets out a range of criminal offences in connection with corrupt payments to public officials and private parties anywhere in the world. It expands the range of organisations and individuals subject to UK corruption law, defines a much wider range of activities as criminal behaviour and increases the maximum penalty for certain offences from seven to ten years imprisonment, with an unlimited fine.