Bribery Act 2010 | Practical Law

Bribery Act 2010 | Practical Law

Bribery Act 2010

Bribery Act 2010

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:
For resources to help companies comply with anti-bribery and anti-corruption laws and regulations, including the US Foreign Corrupt Practices Act of 1997 (FCPA), see Bribery and Corruption Toolkit.