The Bribery Act 2010:
- It is a criminal offence to give, offer or even promise a bribe either abroad or at home. It is also an offence to accept or agree to receive a bribe abroad or at home.
- Being caught of bridery the sentance has increased the maximum possible penalty is now from 7-10 years and an unlimited fine.
- There is a corporate offence if you don’t prevent someone working for you commiting bridery . It states that businesses can only avoid being convicted of bribery if they can prove they have procedures in place to prevent this.
The Bribery Act 2010 has been bought into place to promote the anti-bribery amongst businesses; this came into force 1st July 201. Any organisation that does fails to prevent an act of bribery is committing an offence under this act.
Businesses should have policies and procedures in place that show they have put in a clear and practical prevention in place.
There are 2 types of bribery
1. Offering, promising and giving this is known as an active bribery
2. Requesting, agreeing to receive or accepting a bribery this is known as a passive bribery.