The Bribery Act: one year on
The UK’s new suite of laws to tackle corruption in business, introduced 12 months ago, were designed to stiffen an area of legisation that had come in for criticism from some quarters for focusing on settlement at the expense of prosecution. Have they succeeded?
The UK Bribery Act 2010 came into force on July 1, 2011 and represents an attempt to replace an outdated anti-corruption regime that had attracted strong criticism from influential international bodies such as the Organisation for Economic Co-operation and Development (OECD) and Transparency International.
The UK government sought to implement an enforcement tool that reflected modern global
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