UK Bribery act non-compliance
The UK Bribery Act 2010 is one of the strictest anti-corruption laws in the world. It criminalizes both active and passive bribery, applies to individuals and businesses, and has global jurisdiction for UK-related entities.
Key Offenses Under the Act
- Bribing Another Person (Section 1) – Offering, promising, or giving a bribe to gain an improper advantage.
- Being Bribed (Section 2) – Requesting, agreeing to receive, or accepting a bribe.
- Bribery of Foreign Public Officials (Section 6) – Offering a bribe to influence an official to obtain business advantages.
- Failure to Prevent Bribery (Section 7) – Companies can be held liable if employees, agents, or subsidiaries engage in bribery unless “adequate procedures” are in place to prevent it.
Jurisdiction & Penalties
- Applies to UK citizens, residents, and companies, even if the bribery happens abroad.
- Individuals can face up to 10 years in prison and unlimited fines.
- Companies can receive unlimited fines and be barred from public contracts.
Adequate Procedures Defense
UK Bribery act non-compliance
We are offering spaces at our webinar on the risks of non-Compliance to the UK Bribery act for your organisation.
This is at the low price of £50 per invite. The webinar is geared to the Executive Team, Finance , Audit, Compliance or Legal professionals. If you are interested then please contact us below:
Click on the link to get guidance on the UK Bribery Act.
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