On the 1 July 2011, the Bribery Act 2010 came into force, in England & Wales and replaced the previous patchwork of bribery offences, with four new ones; three personal offences and one corporate offence.
The Act has already sent shockwaves around the UK insurance industry and impacts greatly upon agency relationships, an area relevant to Jersey. Whether it signals the end of corporate hospitality within the industry has been well publicised and remains an area crying out for clarification.
Whilst Jersey already has the Corruption (Jersey) Law 2006, the Act has far reaching powers and will inevitably have an impact on local businesses and individuals. The Act catches local companies and British Nationals, including those holding a Jersey passport, who carry on business in the UK.
Lee Ingram, a Solicitor at Voisin law firm and Fellow of the Chartered Insurance Institute, will offer a brief but informative insight into the Act at a seminar to be held in the Old Magistrates Room at St Helier Parish Hall on Thursday 22nd September. The event will begin at 1:15pm and will last for approximately half an hour. Refreshments will be provided.
Lee commented: “Since its enactment, the Act has sent the UK insurance industry into a frenzy. It has caused many practitioners to question their everyday practice and ensure that they do not fall foul of the strict provisions of the Act. In particular it places agency relationships and corporate hospitality in the spotlight, both of which are clearly relevant to Jersey practitioners.”
Attendees can contact Tim Wiseman on Tel: 711666 or email: email@example.com
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