The Prevention of Bribery Ordinance of Hong Kong (Cap. 201) (“PBO”) creates a number of public and private sector bribery offences. In the context of
Following the recent announcement of the first prosecution under The Bribery Act 2010, that came into force on 1st July 2011, Alan Davies and Joanne Eden of Pitmans Defendant Insurance Department spoke to Reading Insurance Institute on the Implications of The Bribery Act.
In conjunction with the Bribery Act 2010 coming into force on 1 July 2011 the Scottish Crown Office has now issued Guidance confirming that it will trial (up to 30 June 2012) a self-reporting mechanism for business in relation to incidents of corruption.
The United Kingdom’s 2010 Bribery Act (the “Bribery Act”) becomes effective in July 2011.
On June 24, 2011, after entering a plea of guilty to a charge of bribing a foreign public official, Calgary-based Niko Resources Ltd. (Niko) was sentenced to a fine of approximately $9.5 million and placed on three years’ probation.
Picture an all too common scenario: An importer of fresh produce learns that a shipment has been held up at customs abroad.
Following on from the publishing of the UK Bribery Act 2010 (the "Act") last year, the UK Ministry of Justice has recently published final guidance (the "Guidance") on the procedures which relevant commercial organisations can put in place to prevent persons associated with such organisations from bribing.
On 30 March 2011, the UK Ministry of Justice published final guidance (the "Guidance") on the adequate procedures for commercial organisations to have in place as a statutory defence in the event of prosecution under the Bribery Act 2010 (the "Act") for failing to prevent bribery by their associated persons.
Despite repeated delays and some question as to whether the UK would bow to pressure from the business community to water down the Bribery Act 2010 ("the Act"), on March 30, 2011, the UK Ministry of Justice released its final guidance (the "Final Guidance") on the Act, which leaves the import of the Act as a significant and expansive piece of anti-corruption legislation largely intact.
The Government published its delayed guidance about the Bribery Act 2010 ("the Act") entitled "Guidance about procedures which relevant commercial organisations can put into place to prevent persons associated with them from bribing" (the "Guidance") on 30 March 2011.