Bribery and corruption risk management guide


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Risk & Compliance expert
Practice notes

Bribery and corruption risk management guide


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Risk & Compliance expert

Practice notes
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Why you need to manage this risk

Under the bribery Act 2010 (BA 2010) it is a criminal offence to pay or receive a bribe. In addition, BA 2010 includes two offences designed to target commercial bribery:

  1. •

    an offence of bribing a foreign public official

  2. •

    a separate corporate offence of failure to prevent bribery

The corporate offence of failure to prevent bribery can be committed by a commercial organisation where a bribe is paid by a person associated with it with the intention of obtaining or retaining business or business advantage for the organisation—see Practice Notes: The Bribery Act 2010—an introductory guide and Failure to prevent bribery—the offence.

An organisation can also be criminally responsible for a bribery offence committed by a senior manager of the organisation where that senior manager was acting within the scope of their authority—see Practice Notes: How to manage corporate criminal liability risks and How to identify and assess corporate criminal liability risks—Identifying senior managers and the scope of their authority.

It is a defence to the corporate

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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Bribery definition
What does Bribery mean?

The Bribery Act 2010 consolidated and reformed the law on bribery.

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