OUR TOP TIPS HOW TO COMPLY WITH THE BRIBERY ACT 2010 AND HOW TO PROTECT YOUR BUSINESS AND EMPLOYEES                       ...
Contents1. Introduction2. Overview of the Bribery Act 20103. Six guiding principles for organisations4. Prosecution and pe...
Introduction• The revised Bribery Act 2010 came into force in July last year, but how it  impacts upon a company has not b...
Overview of the Bribery Act 2010• The Act repeals all previous statutory and common law provisions in relation  to bribery...
Overview of the Bribery Act 2010• Bribery - When a person offers, gives or promises to give a financial or other  advantag...
6 guiding principles1. Development of proportionate policies and procedures2. Ability to demonstrate top-level commitment ...
6 guiding principles5. Being able to show evidence of Communication of the organisation’s stanceand values relating to bri...
Prosecution and penalties• Prosecution and penalties include:        A maximum of 10 years imprisonment        An unlimi...
How to protect your business• Business review and risk identification – ask yourself:        Could your company effective...
Download the full white paper                           Download the full whitepaper by going to             the GSL Darda...
ContactFor further information, please contact Richard York:Telephone: 01603 732211Email: info@gsldardaninvestigations.co....
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How to comply with the Bribery Act 2010 and how to protect your business and employees

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Tips from General Manager of GSL Dardan Investigations Richard York.

More info: www.gsldardaninvestigations.co.uk.

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How to comply with the Bribery Act 2010 and how to protect your business and employees

  1. 1. OUR TOP TIPS HOW TO COMPLY WITH THE BRIBERY ACT 2010 AND HOW TO PROTECT YOUR BUSINESS AND EMPLOYEES 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  2. 2. Contents1. Introduction2. Overview of the Bribery Act 20103. Six guiding principles for organisations4. Prosecution and penalties5. How you can protect your business6. Download the full white paper 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  3. 3. Introduction• The revised Bribery Act 2010 came into force in July last year, but how it impacts upon a company has not been widely communicated or understood.• As a piece of legislation it has implications for all commercial organisations, their staff and suppliers.• If procedures for effectively managing corruption are not in place, a company may be ill-equipped to defend itself should an offence under the Bribery Act be committed. 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  4. 4. Overview of the Bribery Act 2010• The Act repeals all previous statutory and common law provisions in relation to bribery, replacing them with the crimes of: Bribery Being bribed Bribery of foreign public officials Failure of a commercial organisation to prevent bribery on its behalf. 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  5. 5. Overview of the Bribery Act 2010• Bribery - When a person offers, gives or promises to give a financial or other advantage to another individual in exchange for improperly performing a relevant function or activity.• Being bribed - The requesting, accepting or agreeing to accept such an advantage, in exchange for improperly performing such a function or activity for a financial or other advantage. 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  6. 6. 6 guiding principles1. Development of proportionate policies and procedures2. Ability to demonstrate top-level commitment known as Corporate Governance3. Ability to demonstrate that the risk of bribery had been considered within a transaction – “Risk Assessments”4. Due Diligence was undertaken 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  7. 7. 6 guiding principles5. Being able to show evidence of Communication of the organisation’s stanceand values relating to bribery – supported by training monitoring and review6. That every UK commercial organisation will be subject to the rigours of theAct and must be able to demonstrate that they have a code of conduct in placethat appropriately reflects the above ‘Guidance’. 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  8. 8. Prosecution and penalties• Prosecution and penalties include:  A maximum of 10 years imprisonment  An unlimited fine  The potential for the confiscation of property under the Proceeds of Crime Act 2002  Disqualification of directors under the Company Directors Disqualification Act 1986. 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  9. 9. How to protect your business• Business review and risk identification – ask yourself:  Could your company effectively manage a corruption investigation?  Does your company have a zero tolerance policy towards corruption?  Are your employees able to report unethical business practices?  Is your company turning away business opportunities as a result of anti- corruption legislation?• If the answer to any of these is ‘No’, you will be ill-equipped to defend yourself should an offence under the Bribery Act be committed. 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  10. 10. Download the full white paper Download the full whitepaper by going to the GSL Dardan Investigations website and get access to: •Clarification of terminology •Other provisions to be aware of •What you can do to prevent bribery Click here to get the full white paper now. 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk
  11. 11. ContactFor further information, please contact Richard York:Telephone: 01603 732211Email: info@gsldardaninvestigations.co.ukWeb: http://www.gsldardaninestigations.co.ukJune 2012. 01603 732211Head OfficeBrooke House, John Hyrne Way, 01603 732215Longwater Business Park, www.gsldardaninvestigations.co.ukNorwich, NR5 0AF info@gsldardaninvestigations.co.uk

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