Friday 3 July 2015

UK: SMEs and the Bribery Act 2010

The Government has published the results of research undertaken to assess SMEs' awareness of the Bribery Act 2010: see here (pdf). Interviews were undertaken with 500 SMEs that export (95%) or plan to export within the next five years (5%). Just over half (278 or 56%) of the SMEs reported that they had heard of the Bribery Act 2010 by name; of the 222 (44%) that had not heard of the Act by name, 24% were nevertheless aware of the offence introduced by the Act of failing to prevent bribery.

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