Bribery Act will help UK catch up with EU countries


The new Bribery Act will give the UK some of the toughest rules governing corporate behaviour in the world.

It was due to come in next week but has been postponed to July because companies were concerned about the rules for corporate entertaining.

A set of guidelines that clarify what is and isn't permitted in things like gifts, payments and hospitality will be published today.

Michael Littlechild is the Director of Good Corporation, a company that helps companies comply with the Act. He tells BBC Radio 5 live Wake Up To Money that the OECD says the UK is 'way behind most EU countries' when it comes to bribery regulations.

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