TITLE

Legal Page - UK Bribery Act 2010: An opportunity for D&O insurers?

PUB. DATE
June 2011
SOURCE
Asia Insurance Review;Jun2011, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the long-awaited and much-discussed Bribery Act 2010 of Great Britain that will come into effect starting July 2011. The 2010 Corruption Perceptions Index illustrates the problem of corruption which exists in the world. It is stated that businesses in Great Britain have expressed concern that its ability to compete internationally will in many cases be undermined by what many describe as the toughest piece of anti-bribery legislation in the world.
ACCESSION #
67503445

 

Related Articles

  • The British are Coming!: Britain Changes its Law on Foreign Bribery and Joins the International Fight Against Corruption. Warin, F. Joseph; Falconer, Charles; Diamant, Michael S. // Texas International Law Journal;Fall2010, Vol. 46 Issue 1, p1 

    The article reports on the alteration of the British law on foreign bribery and the joint international fight against corruption. It provides an overview on Bribery Act and addresses the parliamentary process through which it passed into a law. It compares the provision of Bribery Act to the key...

  • BYE BYE BRIBES. SMITH, PHILIP // Accountancy;May2010, Vol. 145 Issue 1401, p12 

    The article discusses the Bribery Act of 2010 that has become law in Great Britain. Under the Act a firm could be held liable for an employee's bribes, even if the offense occurs in a foreign nation. It is not clear when mandatory guidance from the government concerning what constitutes adequate...

  • In business overseas? Comply with federal bribery law. Leffler, Fred // Crain's Cleveland Business;3/1/2010, Vol. 31 Issue 9, p13 

    The article presents information on bribery law. The Foreign Corrupt Practices Act (FCPA) is a federal law that prohibits bribery of foreign officials. I many countries payment to a government official to keep or retain business not only is common, it is expected. However, if a company violates...

  • An incentive to take notice. Allen, Andy // Supply Management;5/27/2010, Vol. 15 Issue 11, p13 

    The article explores the issues surrounding the British Bribery Act. The Bribery Bill was proposed in response to the criticism that the British government has not been tough on corruption. Under the law, companies or senior management can be easily prosecuted when bribes have been offered, paid...

  • More Proof of Global Anti-Bribery Crackdown. Aguilar, Melissa Klein // Compliance Week;Aug2010, Vol. 7 Issue 79, p56 

    The article focuses on the increase of enforcement of anti-bribery laws around the world. According to the study by anti-bribery group TRACE International, while the U.S. still sets up laws on cracking down bribery, several other countries have also made its effort to enforce laws over the last...

  • Companies are well served by antibribe statute.  // Marketing News;9/30/1983, Vol. 17 Issue 20, p7 

    The article presents the opinion of Michael G. Harvey and James T. Rothe, from the Southern Methodist University, regarding the amendment to the U.S. Practices Act (FCPA). They say that the FCPA may be in order but the efforts to strike down it are misguided. In their paper "The Foreign Corrupt...

  • PUBLIC PERCEPTIONS OF WHITE COLLAR CRIME CULPABILITY: BRIBERY, PERJURY, AND FRAUD.  // Law & Contemporary Problems;2012, Vol. 75 Issue 2, p33 

    No abstract available.

  • BRIBERY BLITZ. BANKS, FELICITY // Accountancy;Jun2010, Vol. 145 Issue 1402, p96 

    The author comments on the new Bribery Act 2010 and how it impacts businesses in Great Britain. Under the new bribery law, it has become a criminal offense if a person does not prevent the happening of a bribe made on his behalf. The author suggested having measures, such as early preparation...

  • The British Are Coming...with New Bribery Rules. Verschoor, Curtis C. // Strategic Finance;Jun2011, Vol. 92 Issue 12, p12 

    The article discusses Great Britain's Bribery Act of 2010, which makes possible the prosecution of individuals or companies with connections to Great Britain irrespective of where the alleged bribery occurred. In the author's view it is even more powerful that the U.S. Foreign Corrupt Practices...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics