The long-delayed U.K. Bribery Act will finally take effect in July, according to new guidance issued Monday by the Ministry of Justice.
The act, which looks set to generate significant work for U.S. white-collar practices, was delayed for the second time in February to allow companies more time to put in place what the ministry labeled “adequate procedures” for preventing bribery. Companies now have three months to prepare for the introduction of a law that is broader in both remit and scope than the U.S. Foreign Corrupt Practices Act.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]