The Secretary of State for Justice announced in early February that the planned introduction of the Bribery Act (the Act) in April 2011 will be delayed a third time.
It is vital the Bribery Act is introduced without further delay, says Eleanor Davison
The Secretary of State for Justice announced in early February that the planned introduction of the Bribery Act (the Act) in April 2011 will be delayed a third time. The stated reason for the delay is the non-publication of long awaited guidance on the defence of adequate procedures to s 7 of the Act. The government has now indicated that the Act may not come into force until August of this year. The response of the Organisation for Economic Co-operation and development (OECD) has been swift, warning that British exporters could be placed on a black list alongside countries such as Nigeria, Russia and others if the Act is not introduced in April as planned.
The chairman of the (OECD) Working Group stated: “Establishing a level playing field for international business
.tmb-mov69x69.jpg?sfvrsn=3d1684d4_1)
