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."
- 1 Scottish independence: Ireland since 1919 is a lesson for Scotland in what a Yes vote means
- 2 Thailand deaths: Pair's bloodied bodies found naked on Koh Tao beach
- 3 Vogue under fire for 'Big Booty' article
Thailand deaths: Pair's bloodied bodies found naked on Koh Tao beach
Jihadi John': MI5 may have identified Isis militant who killed David Haines but options limited
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Scottish independence: Police will be on high alert on Friday whatever the result
The wedding photo from Ground Zero: A shot in the dark
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
Portuguese academic says British are 'filthy, violent and drunk'
iJobs Money & Business
£20 - 24k (Uncapped Commission - £35k Year 1 OTE): Guru Careers: We are seekin...
£20 - 24k + Benefits: Guru Careers: This is a great opportunity for an enthusi...
£280 - £320 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...