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New Bribery Act mandatory for organisations

A new Bribery Act came into force in the Isle of Man this week.

Under the new legislation, organisations will need to ensure that their anti-bribery procedures are adequate both here and in other operational jurisdictions.

The act was updated, enhanced and enforced in the UK in 2010 as an improvement on what it already had in place - a practice that is being replicated in the Island.  

Claire Milne is a partner at Appleby Isle of Man – she says every business needs to ensure employees understand the requirements of where they are based.

She explains what it is that they need to do:  

 

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