The Bribery Act 2010 - The direct effect of new UK laws on companies and partnerships

After more than ten years of the last Government blowing hot and cold over the need to radically reform and modernise the UK’s criminal anti-bribery and corruption laws, the Bribery Act 2010 (the Act) received Royal Assent on 8 April 2010, and came into force on 1 July 2011.

The Act simplifies UK anti-corruption laws and includes unlimited fines for a new corporate criminal offence of failure to prevent bribery and corruption at home and abroad.