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The New UK Bribery Act: A Legal Minefield for CEOs

The UK Bribery Act that will take effect on July 1, 2011 will cause many sleepless nights for CEOs on both sides of the Atlantic.

PRLog - May 20, 2011 - The UK Bribery Act that will take effect on July 1, 2011 will cause many sleepless nights for CEOs on both sides of the Atlantic.  The law is extra-territorial in scope, with broad application not only to British companies, citizens and residents, but also to public and private foreign companies doing business in Great Britain, regardless of whether the act or omission constituting bribery occurs in or outside the UK.  The burden of proof will be on the defendant, not the prosecution – a disturbing new trend in international law.

Read more at http://miamiinternationalbusinessattorneys.com/

About Timothy Ashby

Dr. Timothy Ashby, attorney-at-law, is CEO of Federal Regulatory Compliance Services, LLC. A former senior official with the US Commerce Department’s International Trade Administration, he was also an executive with Ernst & Young’s London-based International Privatization and Restructuring Services Group. He has a JD from Seattle University School of Law, a PhD from the University of Southern California, and an MBA from the University of Edinburgh, Scotland. Dr. Ashby is a Member of the UK Institute of Directors.

About The Victoria Law Group:  
The Victoria Law Group is a full-service, multilingual international business law firm located in the heart of Downtown Miami.  The Firm handles matters which disproportionally impact Miami including International Business, Real Estate, Bankruptcy, and Litigation.

The Victoria Law Group
801 Brickell Ave., Suite 900
Miami, FL 33131
(305) 515-5599

If you would like more information about this topic, please call 305-515-5599 or email info@TheVictoriaLawGroup.com

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Source:The Victoria Law Group
Industry:Business, Attorneys
Tags:firms, Business, great britain, UK, attorney, ceo, firm, litigation, bribery
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