There has been much cynical comment about the UK Bribery Act 2010 which was launched amid much hype and nervous speculation. We have heard nothing of significance since it came into force, giving rise to suggestions that those of us who wrote and spoke about it at the beginning had perhaps made it up.
That changes with the bringing of Bribery Act charges against four men this week. As always, the excellent thebriberyact.com has the news here, together with a prediction about the corporate offence of failure to prevent bribery – the one which should be disturbing the rest of compliance officers everywhere.
The SFO has had (and continues to have) more than its fair share of internal woes – losing 32,000 pages of documents being only the latest of these – but it is good to know that someone has found time to dust down the Bribery Act.