The long-awaited Guidance for the implementation of the UK Bribery Act was issued by the Ministry of Justice on 30 March, along with Joint Prosecution Guidance issued by the Director of the Serious Fraud Office and the Director of Public Prosecutions. It was announced yesterday that the Act would become operative from 1 July 2011. The two documents (collectively, "the Guidance") provide in some respects a strikingly different interpretation of the United Kingdom's expansive new anti-corruption law from the interpretation that the authorities provided when the law was first enacted last year. Because the Act could apply to a company's activities anywhere in the world based on that company's nexus with the United Kingdom, all companies with business dealings in the United Kingdom need to be informed about the Act and the Guidance.
Join Mayer Brown lawyers from the United Kingdom and the United States in a teleconference discussion of the Guidance and its implications for anti-corruption compliance. The discussion will include such topics as:
- What procedures should companies put in place to ensure they have a defence to the new corporate offence of failing to prevent bribery?
- What does the Guidance say about facilitation payments?
- How does the Guidance treat the issue of hospitality, gifts and entertainment expenses?
- How does the Guidance address the anti-corruption obligations of joint venture partners?
- What changes do companies with US Foreign Corrupt Practices Act compliance programs need to make in order to comply with the UK Bribery Act?
4:00 p.m. - 4:45 p.m. BST
11:00 a.m. - 11:45 a.m. EDTSpeakers
Andrew Legg, Partner, LondonSimeon M. Kriesberg
, Partner, Washington D.C.
Kristy L. Balsanek, Associate, Washington D.C.Teleconference Access
Instructions for accessing the program will be sent prior to the event.Listen to audio recording >>(Listening to this teleconference requires a brief user registration.)
Of Related Interest
Mayer Brown's commentary on UK Government's "adequate procedures" guidance.
For additional information, please email
or telephone +44 20 3130 8730.