The UK’s Scary Bribery Act – Be Careful !

The UK’s Ministry of Justice has distributed well-written guides about the Bribery Act, which is stricter in key areas than the US Foreign Corrupt Practices Act.

Actions or practices – offshore as well- that boards might not worry about, may well bring liability under the new law. Foreign corporations unfamiliar with the new law should beware, in my view.

“Quick Start” Guide
http://bdti.mastertree.jp/f/fh9gpln3

More Detailed Guidance about the policy, and procedures needed
http://bdti.mastertree.jp/f/bd3eiutr

The Board Director Training Institute (BDTI) is a "public interest" nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.

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