Bribery Act delayed as guidance is clarified
Tuesday 01 February 2011
The Bribery Act faces a second delay to give business time to deal with its tough new rules. The Justice Secretary Kenneth Clarke acted after an intense lobbying campaign from groups, such as the CBI, which want the rules – covering how companies handle overseas contracts – to be reconsidered.
The Justice Ministry is still working on guidance to make the much-criticised act and its rules "practical and comprehensive" for business. When published it will be followed by a three-month notice period before the act is implemented.
The CBI said it supported attempts to modernise the legislation, but wants a review to look at areas such as hospitality and third-party services. Richard Burger, at the law firm Reynolds Porter Chamberlain, said: "Businesses will welcome the delay in implementing the Bribery Act as it is, given their concerns about the legislation. It is such a significant piece of corporate criminal legislation that it would be preferable to get it right now."
elephant appealThe first 23 lots in our charity auction have now gone. But there are 22 more still up for grabs
From rainforests and reefs to beaches and boat trips
comedy'Fresh Meat' star sees off stiff competition from Alan Carr, David Mitchell, Graham Norton, Lee Mack and Sarah Millican to win top prize
Mystery of Epping Forest 'big cat' is solved
North Korea: First Kim Jong-un orders execution of uncle - now it emerges that victim's wife was involved in decision to execute him
Humans are not smarter than animals - we just don't understand them
Woman who miscarried in private prison 'made to clean up after herself,' court told
Fox News presenter tells viewers it is a 'fact' that both Jesus and Santa Claus are white
- 1 Pensioner James Gray places advert in newspaper for company on Christmas Day
- 2 Australia incest case: Deformed children found in remote farming community after generations of inbreeding
- 3 Physicists discover 'clearest evidence yet' that the Universe is a hologram
- 4 Woman who miscarried in private prison 'made to clean up after herself,' court told
- 5 Fox News presenter tells viewers it is a 'fact' that both Jesus and Santa Claus are white
- < Previous
- Next >
iJobs Money & Business
£40000 - £60000 per annum + Bonus + Benefits: Harrington Starr: Risk Managemen...
£Attractive Package: Citifocus: This is a new role offering the successful can...
£250 - £300 per day: Harrington Starr: Help drive the design, utilization and ...
£32000 per annum: Harrington Starr: Desktop Support (client facing, 1st/2nd Li...