ACCA · Question 24 · Corporate fraudulent and criminal behaviour
Under the Bribery Act 2010, a commercial organization can be guilty of the strict liability offence of 'failure to prevent bribery'.
Which TWO of the following statements regarding this offence are correct?
Answer options:
The organization can be liable if an associated person bribes another person intending to obtain or retain business for the organization.
The prosecution must prove that the board of directors explicitly authorized the bribe.
The organization has a defense if it can prove it had 'adequate procedures' in place to prevent bribery.
The offence only applies if the bribery took place within the United Kingdom.
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