UK authorities have disposed of the first corporate offence of ‘failing to prevent bribery’ four years after the offence became available, with Brand-Rex Limited self-reporting contravention of the Bribery Act 2010 and agreeing to pay £212,800 in civil recovery. What you need to know: The necessity of ‘adequate’ procedures. Brand-Rex reportedly had anti-bribery and corruption […]

UK authorities have disposed of the first corporate offence of “failing to prevent bribery”, four years after the offence became available after Brand-Rex Limited self-reported its acceptance of responsibility for contravention of section 7 of the Bribery Act 2010 (“the Act”). The company paid £212,800 by way of a civil recovery order, thereby avoiding criminal […]

UK authorities have disposed of the first corporate offence of “failing to prevent bribery”, four years after the offence became available. Brand-Rex Limited self-reported its acceptance of responsibility for contravention of section 7 of the Bribery Act 2010 (“the Act”). The company paid £212,800 by way of a civil recovery order, thereby avoiding criminal sanctions. […]

More than four years since the offence of failure to prevent bribery was introduced through s7 of the Bribery Act 2010, the UK’s first s7 resolution has taken place in Scotland. Following a self-report in June 2015, the Crown Office has agreed a civil recovery order with Brand-Rex Ltd, a company that develops cabling solutions […]