Bribery Act 2010: still a sleeping giant | Practical Law

Bribery Act 2010: still a sleeping giant | Practical Law

To date, the Serious Fraud Office has not brought any corporate prosecutions under the new failure to prevent bribery offence and there has yet to be a significant UK corporate prosecution for bribery of overseas public officials. However, international historical practice indicates that it takes time to mobilise resources to bring cases under a newly enhanced anti-corruption law.

Bribery Act 2010: still a sleeping giant

Practical Law UK Articles 8-584-9550 (Approx. 8 pages)

Bribery Act 2010: still a sleeping giant

by Gary DiBianco, Matthew Cowie and Caroline Wojtylak, Skadden, Arps, Slate, Meagher & Flom (UK) LLP
Published on 23 Oct 2014United Kingdom
To date, the Serious Fraud Office has not brought any corporate prosecutions under the new failure to prevent bribery offence and there has yet to be a significant UK corporate prosecution for bribery of overseas public officials. However, international historical practice indicates that it takes time to mobilise resources to bring cases under a newly enhanced anti-corruption law.