U.K. Bribery Act: Assessing Risk, Implementing Procedures.

The article discusses Great Britain Bribery Act 2010, which penalizes offenses including offering or accepting a bribe, bribing a foreign public official, and failing to prevent bribery. Companies should decide whether they are subject to the Bribery Act and how can they can adopt an effective compliance program. The need to understand the jurisdictional reach of the Bribery Act is cited. Principles that should inform a company in preparing and implementing adequate procedures are discussed.