Bribery or Christmas Giving?Posted in : How do I handle it NI on 17 December 2013
Bribery – Or Christmas giving?
Patricia Rooney of Tughans writes:
As we approached the Christmas season we had a number of enquiries about corporate hospitality and the implications for our clients, in view of the provisions of the Bribery Act 2010. When does giving or receiving a gift become a bribe?
The Bribery Act 2010 came into force in July 2011 and consolidated and modernised pre-existing law. It introduced a number of offences which have far reaching consequences for business organisations, namely:
- The offence of bribing another person;
- The offence of accepting a bribe;
- The bribery of a foreign public official;
- Failure of a commercial organisation to prevent bribery.
The Act also
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This article is correct at 06/08/2015
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