The Bribery Act is coming into force in June this year, and businesses are scrambling to make sure they comply.
But do you need to hire a lawyer or a consultant to provide advice on the risks you face under the Bribery Act? The answer is no. The Bribery Act guidance says: “There is no duty to engage lawyers or consultants in helping you assess what risks you face, what procedures you might adopt or what sort of due diligence you undertake – especially where you consider the risks to be low or non-existent.” Additionally, the Bribery Act does not require external verification of any bribery prevention measures you have put in place.
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