Last updateTue, 24 Feb 2015 5pm

COMPLIANCE: Corruption et corruption

14 July 2017  

Thomas Webb and Georges-Louis Harang weigh up Anglo/French anti-bribery legislation

The UK Bribery Act 2010 came into force on 1 July 2011, creating for businesses operating in the UK the most stringent and far-reaching anti-bribery legal regime in the world. In particular, it imposed strict criminal liability on corporates that failed to prevent bribery. On the other hand, UK companies may be able to avoid prosecution by being invited to agree a ‘deferred prosecution agreement’ (DPA) with the Serious Fraud Office (SFO). A DPA requires civil court approval which will only be provided if the company can demonstrate that it has, among other things, provided the SFO with full co-operation.