14.4 Bribery and corruption

Question 1

Which is the current UK law on bribery and corruption?

Answer 1

The UK Bribery Act 2010

Question 2

Under the UK Bribery Act 2010, organisations are expected to implement internal control mechanisms based on 6 principles:

1 P\_\_\_\_\_\_\_\_\_\_
2 Top-level commitment
3 Risk a\_\_\_\_\_\_\_\_\_\_
4 Due d\_\_\_\_\_\_\_\_\_
5 C\_\_\_\_\_\_\_\_\_
6 Monitoring and r\_\_\_\_\_\_\_

Answer 2

Proportionality
assessment
diligence
Communication
review

Question 3

How can an organisation shield itself from corporate liability when its employees/third parties commit bribery?

Answer 3

By implementing adequate controls prior to the offence