Practical Law Glossary Item w-001-8988 (Approx. 4 pages)
Glossary
Bribery Act 2010
The Bribery Act 2010 is a UK law with broad extraterritorial application that prohibits acts of bribery by:
British citizens.
Anyone in the UK.
Any other person with a close connection to the UK.
Companies registered in the UK.
Foreign companies carrying on business in the UK.
The four primary offenses under the Bribery Act are the:
Offer, promise, or gift of a bribe to another person (section 1).
Request, agreement to receive, or acceptance of a bribe from another person (section 2).
Bribery of a foreign public official (section 6).
Failure by a commercial organization to prevent bribery. A commercial organization is guilty of an offense if a person associated with it bribes another person, intending to obtain or retain business or a business advantage for the organization (section 7).
The UK Serious Fraud Office (SFO) is the main prosecutor with responsibility for enforcing the Bribery Act.
For more information on the Bribery Act, see Practice Notes: