ARE YOU READY FOR THE UK BRIBERY ACT?

The article focuses on the authors view on the implications of the Great Britain Bribery Act in the country's travel industry. She asserts that the increased exposure to anti-corruption offences will give the Act a significant bearing on the country's organisations, aside from adding magnitude to the need to regulate business practices. She states that existing bribery laws were not sufficient to eradicate political objectives and minimise bribery in the international trade, leading to the implementation of the Act. She reveals that the Russian market ranks at 146th out of 180 nations in the Corruption Perception Index. The author suggests ways on how companies can ensure a reasonable opportunity of defending a failing to prevent bribery charge.