U.K. Anticorruption Update: The Bribery Bill in Parliament
On November 19, 2009, the British government submitted its long awaited Bribery Bill 2009-2010 (the “Bill”) into Parliament for its first reading in the House of Lords. The aim of the Bill is to modernize and
consolidate the U.K.’s bribery laws by creating general offenses of giving and receiving bribes (whether in the public or private sector), as well as a separate offense of bribing a foreign public official. Most notably, the Bill introduces a strict liability offense for commercial organizations that fail to prevent bribery.
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