Corporate Team Partner, Craig Malarkey comments;

“This is a high profile example and one which carries an extremely large penalty, however, the actual basis of the prosecution applies equally to all companies and businesses operations. The Bribery Act 2010 came into force in July 2011 and still over 5 years later many businesses do not have compliant polices and procedures and this case highlights the importance of making sure these polices are put in place and adhered to. 

This case is further reason for businesses, new and established, to review their current polices (and look at gaps that might exist in their paperwork), as advised by Trainee Solicitor, Michael Stevens in his recent blog article: Terms & Conditions: Why A Business Needs Them & Should Update Regularly

If you require any guidance around your requirements or in connection with the policies or staff training do not hesitate to contact Tilly Bailey & Irvine's  corporate and employment teams.”