The UK Bribery Act 2010: contents and implications

Purpose - The purpose of this paper is to assess the implications of The UK Bribery Act 2010 for businesses and in particular those with cross‐border activities. Design/methodology/approach - This study relies on documentary research and using both primary and secondary data drawn from the public domain. Findings - The study suggests why UK businesses and in particular those conducting cross‐country transactions should take the implications of this law seriously as the enforcement agency in the UK transforms to a more active mode. It also suggests why, despite some severe criticisms, the UK does not lag behind in the global fight against corruption. Research limitations/implications - This is an exploratory review paper to promote empirical research in a business sensitive theme. Practical implications - Insights from the study should prompt business leaders to give sufficient attention to those areas with high risks of falling within the ambit of the Act. Social implications - The study's findings reinforce the ethical dimensions of cross‐border business practices. Originality/value - This study uses the implications of the new UK Act to draw attention to the business community that with the passing of the Act business cannot be as usual; that compliance to the Foreign Corrupt Practice Act would be insufficient; and that despite controversies over implementation delays, the UK does not lag behind in the fight against corruption worldwide.