Overview[]
It was seen as better at fighting bribery in the UK than the 1997 OECD anti-bribery Convention.
The law[]
- It creates these prime offences:
- 2 general offences covering the offering promising or giving of an advantage, and requesting, agreeing to receive or accepting of an advantage;
- A discrete offence of bribery of a foreign public official ; and
- A new offence of failure by a commercial organisation to prevent a bribe being paid to obtain or retain business or a business advantage (should an offence be committed it will be a defence that the organisation has "adequate procedures" in place to prevent bribery).
Jurisdiction[]
It's jurisdiction has both extra-territorial reach both for UK companies operating abroad and for overseas companies with a presence in the UK.