Bribery Act (UK)

The UK Bribery Act is a law that aims to prevent corruption by making it illegal to give or receive bribes, whether to gain an unfair advantage or to influence someone’s decisions. It applies to individuals and companies, including foreign businesses operating in the UK. The Act covers offering, promising, giving, requesting, or accepting bribes, and also emphasizes preventing corporate bribery through proper procedures. Penalties can include hefty fines and imprisonment. Overall, it promotes honesty and integrity in business and public dealings by setting clear standards and severe consequences for misconduct.