Jenner & Block

Client Alert: New UK Bribery Act Guidance Covers Facilitation Payments, Self-Reporting and Hospitality

In this advisory, Partners Robert R. Stauffer, Iris E. Bennett, Jessie K. Liu, and Katya Jestin, and Associate Andrew D. Kennedy discuss the impact of recent revisions to the Official Guidance for the UK Bribery Act of 2010.  The authors summarize the Serious Fraud Office’s changes and clarifications to its positions on the facilitation payments, the effect of self-reporting, and hospitality expenses, and analyze the impact for companies seeking to comply with the Act.