Protecting Your Reputation: The Bribery Act

Author: Chris Wilks

“As is often the case with new legislation, when the Bribery Bill was first published there were alarmist stories in the media announcing “the end of corporate hospitality”. I am pleased to say this scaremongering has now been shown to be nonsense. The Ministry of Justice has confirmed that bona fide hospitality, which is not excessive, unreasonable or unduly lavish, but simply seeks to improve the image of a business or foster friendly relations with customers and potential customers, is recognised as an important part of commerce. It is not…”

Chris Wilks explains what the new Bribery Act means for businesses in an article published by www.freshbusinessthinking.com. Click here to read the full article.