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Legal Briefing
Bribery Act pushed back to April 2011
Practice Area: Financial Crime and Fraud
Sector: Investment Management
Jurisdiction: England & Wales
Published: 27 July 2010
Law Firm: Baker & McKenzie
Overview
The UK Ministry of Justice has announced that the coming into force of the Bribery Act has been pushed back to April 2011. Implementation of the Bribery Act had previously been expected prior to October 2010.
In addition, and perhaps linked to the delay in implementation, in September
2010, the Government will launch a short consultation exercise on its guidance regarding adequate procedures that commercial organisations should put in place in order to avoid falling foul of the new corporate offence contained in the Bribery Act.
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