UK Bribery Act ‘does apply’ to practitioners in Jersey
Thursday 26th January 2012, 3:00PM GMT.
JFSC policy director Andrew Le Brun
THE implications of the UK Bribery Act for Island businesses have been clarified by the Jersey Financial Services Commission.
In a letter to the chief executives of businesses regulated by the commission, policy director Andrew Le Brun explains that parts of the act, which came into force last year, apply to Islanders.
The act includes four main categories of offence – bribing another person (section 1); being bribed (section 2); bribing a foreign official (section 6); failing to prevent bribery (section 7).
The last category of offence applies to commercial organisations.
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How can a UK act apply to Islanders if no one from the UK is involved in the bribe?
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OMG
Why the JFSC feel it necessary to confirm something which even a child could asertain is beyond belief…
The Bribery Act clearly states that if someone holds a UK passport (which Jersey passports are) they are captured – job done!
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Interesting given that there is no such thing as a ‘UK passport’. I think you’ll find we have British passports.
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Get a grip
The point being made is that we are caught in Jersey due to our links to the uk/Britain
If people spent more time understanding the facts and not picking on details more would get done
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Does OVs backscratching each other and “donnant-donnant” type business relationships that proliferate over here get caught by this?
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The Act says nothing about UK passports. Under s. 12(4)(a) a “British citizen” is someone caught by the Act, meaning that any offences committed anywhere in the world by a British citizen can be punished under the Act.
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