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UK Bribery Act 'Consultation on Guidance About Commercial Organizations Preventing Bribery (Section 9 of the UK Bribery Act 2010)' - Whitepaper SAI Global
 | Read this whitepaper to gain a better understanding of the draft 'Guidance' issued about the UK Bribery Act including: - definitions and analysis of the 6 general principles that form the framework of the Guidance
- a review of the issues not covered by the Guidance
- a discussion of grey areas including 'business expenditures' and 'associated persons'
- tips on how organizations can best review their own activities, policies and procedures
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Whitepaper synopsis:
The Guidance is formulated to serve as a framework against which companies should compare their programs as they strive to meet the threshold of 'adequate procedures' that will provide the sole defense to the new corporate offense of 'failing to prevent bribery' in the 2010 UK Bribery Act.
In this whitepaper, Part 2 of a 2-part series on anti-bribery anti-corruption, Jim Slavin reviews the draft Guidance and provides practical insight into how organizations can best prepare for the enactment of this legislation in early 2011.
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