Many small and medium sized construction companies have not prepared for the Bribery Act which comes into force on July 1, Building reported.
A survey by law firm Russell Jones & Walker revealed that 22% of businesses have no plans to implement procedures to take account of the act and while 29% of businesses had put in an place anti-bribery policy only 16% were providing anti-bribery training.
But on the issue of corporate hospitality respondents indicated that the act would cause them to change their policies, with 47% saying they were reviewing their approach to major corporate events where hospitality is routinely offered – specifically MIPIM and EXPO.
Register for free and continue reading
This is not a paywall. Registration allows us to enhance your experience across Construction Management and ensure we deliver you quality editorial content.
Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings.








