Law360, New York (August 18, 2011, 1:22 PM ET) -- Those transacting with the U.K. — beware. On July 1, 2011, the U.K. Bribery Act 2010 went into effect, mandating a "zero tolerance policy" for bribery. While the Bribery Act is quite similar to the U.S. Foreign Corrupt Practices Act, the Bribery Act has broadened its influence to areas the FCPA has never seen, expanding its extraterritorial reach and applying its force to any corporation that conducts any “part of a business” — regardless of how tenuous the connection — in the U.K.
The alleged bribe...
Don’t Gamble With The UK Bribery Act
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