How the U.K. Bribery Act asks U.S. companies to go the extra mile
Abstract: U.S. public companies are already well aware of the Foreign Corrupt Practices Act of 1977 (FCPA). But there’s less awareness of the U.K. Bribery Act of 2010 (U.K. Act). Any company that has offices or conducts business activities in the United Kingdom needs to become familiar with it. This article notes the different provisions of the two acts and what companies need to do to ensure adequate procedures are in place to guard against strict corporate liability.