Information on the United Kingdom’s (UK’s) Bribery Act 2010 24 February 2012 No.11-024 The captioned statute (hereafter, the "Act") came into force in the UK on 1 July 2011. While the Act is part of the national law of the UK, it also applies to foreign companies operating part of their business in the UK, such as by way of a liaison office or subsidiary, as the Japan Ship Owners' Mutual Protection & Indemnity Association ("JPI", the "Club") does. It is not just the Club which must comply with the Act. Correspondents handling claims etc. on our request must also comply, as must lawyers and surveyors working on our behalf. We would like to discuss with Members the main points of the Act and how the Club has responded to it. Main Points: The UK's Bribery Act 2010 1. Objects : Objects of prosecution by the Act are as follows : 1. British Citizen and British National (Overseas). 2. An individual ordinary resident in the UK (eg a member of staff of the JPI London Liaison Office). 3. A body which is incorporated under the law of any part of the UK which carries on a business (eg Japan P&I Club (UK) Services Ltd., our British registered subsidiary). 4. Any other body corporate (wherever incorporated) which carries on a business or part of a business in any part of the UK (eg JPI ourselves). 2. Offences: The Act stipulates bribery offences as follows : o Section 1 (Bribing another person) : To offer, promise or to give a financial or other advantage (see 3. below) to another British or foreign person. o Section 2 (Being bribed) : To request, agree to receive or accepts same advantage as above by British or foreign person. o Section 6 (Bribery of foreign public officials) : To offer, promise or give same advantage as above to a foreign public official. o Section 7 (Failure of commercial organisations to prevent bribery) This covers the case where a commercial organisation's associated person (see 4. below) bribes another person, the relevant commercial organisation w