Courts Likely To Decide Reach Of UK Bribery Act

Law360, New York (February 3, 2011, 5:22 PM EST) -- As attorneys continue to wait for guidance on the U.K.'s new Bribery Act, a key phrase that will determine which companies fall under the law's jurisdiction is likely to be hashed out in the courts, regardless of how the government ultimately defines its reach, lawyers say.

Critics have been hounding the U.K. government to more clearly define certain terms in the law, but in late January the U.K. Ministry of Justice delayed for the second time the release of additional guidance on the law, which was...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.