Anti-Bribery

Definition

The body of laws and corporate policies designed to prevent the offering, giving, soliciting, or accepting of bribes in commercial and public transactions. The UK Bribery Act 2010 is among the strictest globally, creating a corporate offence of failing to prevent bribery with a defence only for organisations that can demonstrate adequate procedures. The US Foreign Corrupt Practices Act (FCPA) similarly prohibits bribing foreign officials.