The Bribery Act 2010 recognises that gifts and hospitality are an established and important part of doing business, but organizations should take care to ensure that they are not used to offer bribes.
Bribery Act 2010: defining bribery
Bribery can take many different forms. Many of us tend to think of the ‘cash in a brown envelope’ variety, but the reality is often far more complex – and can be hard to spot. The Bribery Act 2010 defines bribery as:
“Giving or receiving a financial or other advantage in connection with the “improper performance” of a position of trust, or a function that is expected to be performed impartially or in good faith.”
Bribery Act 2010: giving gifts
The Bribery Act 2010 aims to ensure that gifts and hospitality are transparent and proportionate and that they are effectively monitored and recorded. Gifts should:
- be made for the right reason
- not place the recipient under any obligation
- not create expectations
- be made openly
- be recorded clearly and approved by the relevant people
- be reasonable and proportionate in value
- comply with relevant laws and internal policies.
“I’m sure that everybody will have received over the course of their career at some point a bottle of wine from a happy client. And I don’t think the Bribery Act is out there or should be out there to stop that practice.”
Barry Vitou, Head of London White Collar & Investigations at Greenberg Traurig London
Bribery Act 2010: Giving gifts
As well as gifts and hospitality, the Skill Boosters’ training film on the Bribery Act 2010 helps you to understand:
- the different forms that bribery can take
- why and where bribery occurs
- the damage bribery can cause
- who is at risk from bribery
- the most common bribery ‘red flags’
- the new offences and penalties introduced by the Act.
Our 'Bribery Act 2010' training film comes in these formats
About Skill Boosters
Used by leading organisations around the globe, VinciWorks produce video-rich online courses that engage learners to bring about real and lasting behavioural change in the workplace.
