Corporate Hospitality brings in the Bribery Act

The video discusses the role of corporate hospitality in business relations and the implications of the new Bribery Act. It explains how the Act defines bribery and the legal consequences for individuals and companies. The video provides guidelines for acceptable corporate hospitality, emphasizing the importance of proportionality to business needs. It highlights the potential impact on business relationships and focuses on the legislation's effect on large UK companies, especially those operating in countries where bribery is common.

What does the new Bribery Act define as bribery?

What are the potential consequences for individuals or companies caught breaking the Bribery Act?

How can companies ensure they are compliant with the Bribery Act when providing corporate hospitality?

What examples of corporate hospitality are considered acceptable under the Bribery Act?

What is the main concern regarding corporate hospitality in relation to the new legislation?