In response to speculation as to whether corporate hospitality involving tickets to the recent London Olympic Games might result in prosecutions under the Bribery Act, Serious Fraud Office Director David Green QC has stated: "We are not interested in that sort of case. We are interested in hearing that a large company has mysteriously come second in bidding for a big contract. The sort of bribery we would be investigating would not be tickets to Wimbledon or bottles of champagne. We are not the 'serious champagne office'."… Continue Reading
We had a nice long wait for the Government's guidance but I, for one, feel that the wait wasn't really worthwhile. The Act itself is really a gold plated effort by parliament to bring our bribery laws into the 21st century, but the Guidance falls far short of the standard set by the Act.… Continue Reading
Speaking in the House of Commons, Ken Clarke, the Justice Secretary, recognized that companies are "frightened" by the UK Bribery Act.… Continue Reading
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