Bribery Act Delayed But Not Shelved

By LBV

27 Apr 2011

There were sighs of relief and also of disbelief when it was announced last month that the Bribery Act would be delayed for the second time.

With the Bribery Act being one of the last Acts of the previous Labour government, it is no wonder that the new Coalition government wants more time to fine tune the guidance. The reason given for the delay was to allow time to ensure the guidance was made ‘practical and comprehensive for businesses. There will not be any changes made to the Act itself.

The Act was originally a response to the wider world’s criticism of the UK’s weak anti-corruption laws. Pro-transparency campaigners argue therefore that this delay damages Britain’s overseas interests and reputation, both ethically and commercially. Yet anti-regulation campaigners see this as a victory. In reality, it is likely to be neither.

Long awaited guidance

Three sets of guidance are anticipated in the foreseeable future:

• Section 7 guidance concerning adequate preventative measures
• A Ministry of Justice circular which will outline provisions of the Act
• Guidance for Prosecutors

Although no date has been set for publication of this guidance, there will be a minimum three-month window following its release before the Act comes into force. It is therefore unlikely to come into force prior to June 2011.

Of course companies will focus on the section 7 guidance, but what may be of even more use is the guidance for prosecutors. This will identify the key elements of each criminal offence and how the Act is likely to be enforced.

Firms should, in theory, have been working towards full compliance with the provisions of the Act for some time now, awaiting the guidance to “fine tune” their policies and procedures.

Many firms, especially those which operate internationally, will already be compliant with legislation which operates in other jurisdictions, such as the Foreign and Corrupt Practices Act in the USA. However, the Bribery Act goes further than this, and firms will therefore have to tweak their policies and procedures accordingly.

It is likely that SMEs will be most affected by the Act’s provisions. They will need to be ‘awake’ to the threats of bribery and corruption, as defined by the new Act, throughout their business networks and also in their roles as suppliers to large firms, and have adequate and demonstrable preventative measures in place.

Paul Schofield
Farleys

 

Enjoyed this? Read more from LBV

Latest news

1

Three weekly domestic waste collection considered in plans Waste recycling Blackpool

Three weekly domestic waste collection considered in plans

01 Jul 2025

2

Graham Engineering confirms acquisition to a2e Industries Graham Engineering

Graham Engineering confirms acquisition to a2e Industries

01 Jul 2025

3

Training 2000 celebrate 'Good' rating by Ofsted Training 2000

Training 2000 celebrate 'Good' rating by Ofsted

01 Jul 2025

4

Fox Group acquires J Fisher and Sons Colin Fisher, Paul Fox CEO and Gary Fisher.

Fox Group acquires J Fisher and Sons

01 Jul 2025

5

Beever and Struthers strengthen leadership team with new partners Dean Curtis and Joe Diston

Beever and Struthers strengthen leadership team with new partners

01 Jul 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV123 July/August Launch Event
Lancashire Business View magazine launch
Networking
16 Jul 2025

LBV123 July/August Launch Event

Burnley

08:30 - 10:30

Lancashire Built Environment Conference 2025
BEC 315 X 315 Px
Networking
25 Sep 2025

Lancashire Built Environment Conference 2025

Blackpool Football Club, Blackpool, FY1 6HX

08:30 - 13:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Chamber Breakfast Networking – July
Chamber Logo1.png.png
LBV Hub Networking
02 Jul 2025 - 02 Jul 2025

Chamber Breakfast Networking – July

St John's Hospice, Slyne Road, Lancaster, LA2 6ST

08:00 - 10:00

The Marketing Metrics that Matter – July 4
LBV Hub Seminars
04 Jul 2025 - 04 Jul 2025

The Marketing Metrics that Matter – July 4

Door4 Office, Burnley Wharf, Burnley, BB11 1JG

08:30 - 11:00

Tri-Site Survey Equipment Showcase
unnamed (2).jpg.jpg
LBV Hub Seminars
09 Jul 2025 - 09 Jul 2025

Tri-Site Survey Equipment Showcase

Crow Wood Hotel, Burnley, BB12 0RT

09:30 - 16:00

Chamber Summer BBQ
LBV Hub Social
17 Jul 2025 - 17 Jul 2025

Chamber Summer BBQ

The Borough, Dalton Square, Lancaster, LA1 1PP

17:30 - 20:00

Preston Tech Connection: Web3 is Dead. Or is It?
July Longer Banner.jpg.jpg
LBV Hub Networking
29 Jul 2025 - 29 Jul 2025

Preston Tech Connection: Web3 is Dead. Or is It?

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Preston Freelancer Meet-Up: July
Longer July Banner.jpg.jpg
LBV Hub Networking
31 Jul 2025 - 31 Jul 2025

Preston Freelancer Meet-Up: July

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

North West Business Expo 2025
https---cdn.evbuc.com-images-880456273-4862066883-1-original.20241022-105445.jpeg.jpg
LBV Hub Exhibitions
24 Oct 2025 - 24 Oct 2025

North West Business Expo 2025

Bolton Stadium Hotel, Bolton, BL6 6SF

09:00 - 15:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV122 Online Graphic
Subscribe now

Weekly news bulletin