22 February 2012
New Act may not make an impression for another 10 years
The real impact of the Bribery Act 2010 may not be felt for another decade, predicts forensic accountant Merryck Lowe in the NLJ.
The fact there has been no “prosecution show-piece” since it came into force amid much hype six months ago may make it seem like a “damp squib”, he says, but that is not the case.
He predicts a “sea change” in “a decade or so”, where “we will have become used to a compliance orientated environment, in which we are expected to think about our duties of good faith and impartiality”.
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