Monday, December 27, 2010

UK Bribery Act Broadens the Scope of Anti-Bribery Provisions Formerly Set by FCPA

The UK Bribery Act 2010 is far-reaching; it has a worldwide scope, and focuses on corrupt payments to all persons – whether governmental, private citizens, agents, companies or employees, within the UK and overseas. It also penalizes the receipt of bribes whereas the Foreign Corrupt Practices Act (FCPA) does not. While this legislation overlaps significantly with the FCPA, it diverges in several important ways.

Click here for more information regarding the similarities and differences of the UK Bribery Act and FCPA.

For the complete UK Bribery Act 2010 click here.

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