When does gift giving or corporate hospitality become bribery?
10th March 2011 Listen to Webcast
The implications of the UK Bribery Act for corporate gifts, hospitality and entertainment are set to be significant, and the potential pitfalls substantial; yet it remains a grey area for most organisations. The MOJ's guidance states hospitality should be 'reasonable and proportionate' which to some organisations is far too vague and highly subjective. Others argue that with increased consequences, it is crucial organisations set clear policies for gifts and hospitality, leaving no doubt in the minds of their employees how they should conduct business.
Listen to our practical and informative webcast and hear our anti-bribery and anti-corruption experts discuss:
- Gift giving and receiving - the cultural challenges
- Hospitality and entertainment - Where do organisations draw the line? How do you determine what's excessive and what's reasonable?
- Practical steps companies can take to ensure they don't fall foul of the UK Bribery Act
Expert panel of speakers
Sam Eastwood, Partner, Norton Rose LLP
Pedro Montoya, Group Chief Compliance Officer, EADS
Philippa Foster-Back OBE, Director, Institute of Business Ethics
