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The Bribery Act 2010

Welcome to Jordans Bribery Act 2010 resource website. It is vital that companies and limited liability partnerships (LLPs) take steps now to review or put in place anti-bribery procedures. So, here you will find valuable and up-to-date information to help you comply with the requirements of the Act.
 

Register for our Compliance Support Pack and you have access to even more useful resources in our members only area. Here you can

  • conduct your own risk assessment online
  • download our Bribery Act compliance pack, including comprehensive guidance notes and template documents, all designed to assist you in implementing your own anti-bribery procedures.
  • access practical training resources that will support you in briefing staff and other key stakeholders.
  • view frequently asked questions to help with your queries, or join our forum to pose a question of your own.
     

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Nearly three quarters of UK middle managers are still not aware of the Bribery Act and many of those who have feel they need more training about the implications of the legislation, according to a study.

The research, by Ernst & Young, is released three months before the one year anniversary of the act, which came into force in July 2011.

The study of 1,000 managers found that while 28 per cent had heard of the Bribery Act, 45 per cent felt they hadn't received adequate training to ensure they were fully compliant with the anti-corruption law.

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Recent press reports suggest that many companies are still not taking their obligations under the recently introduced Bribery Act seriously. In doing so, they risk severe financial and even criminal penalties. Key to the new legislation is the requirement for all companies and liability partnerships to demonstrate that they have implemented adequate procedures designed to prevent bribery.

We are delighted to be partnering with Mazars Accountants to bring you this highly practical event.

Further details will be available soon but you can pre-register your interest now.

The British Standards Institute (BSI) has launched a new standard in the wake of the introduction of the UK Bribery Act.

Standard BS 10500 – Specification for an anti-bribery management system – is designed to help companies demonstrate that they have effective anti-bribery policies and systems in place.

Since the implementation of the legislation, thought to be some of the most stringent in the world, organisations have been ramping-up their risk management strategies to help adhere to the laws.

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The Bribery Act has had little impact on UK companies' ability to do business, according to a poll of finance leaders almost six months after the roll-out of the legislation.

Just six per cent of businesses polled by Ernst & Young said the new laws - thought to be some of the most robust anti-corruption legislation in the world - had impacted on their operations.

However, the firm warned that companies must still make sure they keep their bribery and corruption programmes fresh.

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It’s that time of year again.  Companies across the country are gearing up to mark the festive season for staff and customers alike.  But does that bottle of good cheer mean that companies now fall foul of the Bribery Act 2010, introduced earlier this year?

Royal Mail hit the headlines recently when it was reported that tipping the postie at Christmas could constitute a bribe under the Act.  They retaliated with a statement on myroyalmail.com that read "In spite of what you may have read in the press this weekend, there is nothing wrong with accepting a small gesture of appreciation." It continues "Just to be clear, our official company policy is that Royal Mail regards ‘the giving of Christmas tips as a matter between customers and individual frontline staff’. Nothing has changed."

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Companies from Russia and China are most likely to pay bribes when doing business abroad, a new survey suggests.

The two countries scored worst out of 28 countries in a survey of 3,000 business executives conducted by Transparency International (TI), a global anti-corruption organisation.

The Netherlands and Switzerland, coming joint-first, were seen as least likely to bribe, while the UK ranked eighth, ahead of the US and France.

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