Overview

The Ministry of Justice (MoJ) recently announced that the Bribery Act 2010 will come into force on 1 July 2011.

Although private equity and venture capital firms operating in the regulated sector are already subject to various anti-corruption requirements, now is a good opportunity for firms to:

• Ensure that they are familiar with the scope of the offences created by the Bribery Act;

• Understand the risks in relation to investee companies and at the firm level; and

•Prepare for the practical impact of the legislation in the context of transactions and doing business generally.

Nabarro discusses the risks for investee companies in respect to the Bribery Act.

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