Leading Lawyer Comments On Latest Announcement

The Bribery Act could be reviewed in order to make it easier for companies based in the UK to export, according to report.

The Department for Business, Innovation and Skills (BIS) is inviting  industry leaders to comment on whether the Act has had an impact on their attempts to export.

They are also asking if guidance issued to help businesses avoid problems under the Act is useful and calling for suggestions to clarify the information.

Since becoming law in 2011, opponents to the Bribery Act have said that the requirements for companies is tougher than in other countries. 

Commenting on the announcement, Neil Carberry, CBI director for employment and skills, said:

“Bribery is morally and legally wrong and businesses have been supportive of the principles of the Act. With the majority of other countries’ rules more flexible than the UK’s, some businesses are being put at a competitive disadvantage when operating in global markets.

“That’s why we are pleased that the Government has decided to review the impact of the Act, which we’ve long been calling for. It should focus on how to tackle corruption while protecting the UK’s competitiveness.”