header-logo header-logo

25 November 2010 / Robert Amaee
Issue: 7443 / Categories: Opinion , Company
printer mail-detail

Dawn of new ethics

It is hard to think of a piece of legislation in recent times that has caused as much interest and consternation, among the business community, as the Bribery Act 2010...

The Bribery Act 2010: wholesale behavioural change, says Robert Amaee
It is hard to think of a piece of legislation in recent times that has caused as much interest and consternation, among the business community, as the Bribery Act 2010 (the Act), which is expected to come into force in the early part of 2011. Much of the coverage and commentary though has to date focused on the risks associated with the provision of gifts and corporate hospitality and the making of facilitation payments. These topics, while clearly of importance, are in my view the least of the concerns arising from the Act for many boards of directors.

Hospitality

Corporate hospitality, as the Attorney General Dominic Grieve QC made clear in a speech in September, is largely a matter of simple common sense. He used the example of a company flying a foreign official

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
back-to-top-scroll