ACCA · Question 41 · Syllabus H: Corporate fraudulent and criminal behaviour
Under the Bribery Act 2010, a commercial organisation commits an offence if it fails to prevent bribery. What is the only statutory defence available to the organisation?
Answer options:
The bribery was committed by a low-level employee without management knowledge.
The organisation had in place 'adequate procedures' designed to prevent bribery.
The bribe was paid in a foreign jurisdiction where such payments are customary.
The organisation reported the bribery to the authorities immediately upon discovery.
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