The Bribery Act 2010 should not be pigeonholed as compliance regulation; the Act falls within the sphere of corporate responsibility and employee engagement and is an opportunity for non-executive directors to add wider value.
In sectors where bribery is more common, the Bribery Act 2010 should be seen as a core part of this wider organisational design, with non-executive directors (NEDs) taking a lead role in its implementation.
As such, the Bribery Act provides an opportunity for those NEDs looking to leave a positive mark on their organisation.
The Act came into effect in July 2011. It consolidated the traditional offences of passive bribery, active bribery, as well as the specific offence of bribing a foreign public official (section 6). In all cases, promisi
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Integrated reporting is gaining in popularity, but it needs the right skills among non-executives if their credibility is to be enforced, writes Prof. Carol Adams, professor of accounting at Durham University.