Ignorance is not bliss when it comes to the Serious Fraud Office's stance on Bribery Act compliance - reflecting the description of the Act as the 'toughest anti-corruption legislation in the world.' Whilst there have been only a handful of prosecutions under the Act, there can be no complacency. Potential consequences for organisations and individuals who get it wrong can be drastic and include unlimited fines and up to 10 years imprisonment.
This course is designed to take you through the main provisions of the Act, including the four bribery offences and the individual and business implications of infringement.
Topics covered include
- The Scope of the Bribery Act
- The Bribery Act Offences
- Corporate Hospitality and Gifts
- Facilitation Payments
What you will learn
- how to interpret the four offences in the Bribery Act 2010
- how to reduce the risk of bribery and corruption legislation infringement
- implications for you individually and your company of a breach of the Act
- recognise the wide range of circumstances in which the Bribery Act 2010 applies
- distinguish between Active Bribery and Passive Bribery
- check your own behavior in order to avoid bribery, or deal effectively with an attempted bribe
- describe the Corporate Offence of bribery
- identify when the 'adequate procedures' defence can and cannot be applied
- describe the responsibilities of senior officers in relation to anti-corruption policies
- describe the penalties of Bribery Act infringement
- identify the risks of bribery that might emerge in relation to corporate hospitality and gifts
- recognise 'facilitation payments'
- recognise the contribution you can make to stopping bribery
Who is this course for?
The course is aimed at all those within businesses who could have the potential to come across bribery related issues in their day to day activities, in particular those with customer or supplier facing roles, plus employees negotiating contracts.