Monday, June 13, 2011

UK - Bribery Act 2010 Compliance - It's official

Just a quick heads up, the UK has passed revamped Bribery Act and there is a new wrinkle. It has extra-territorial provisions.

So if you work for a firms that are registered in the UK - you need to be aware of the implications. This article also provides a good overview of what to do.

Now for my US readers - this UK law is very similar to the Foreign Corrupt Practices Act - so the same approaches that you use to comply with that law (from a HR perspective) apply here to.

(Source: Bribery Act 2010 Compliance - The crucial role of Human Resources - TrustLaw)

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