INDIA AMENDS BRIBERY LAWS TO EXPAND OFFENCES AND PROVIDE FOR CORPORATE LIABILITY

CMS Law on 10th August published an article saying that India has recently passed the Prevention of Corruption (Amendment) Act 2018, which came into force on 26th July.  The Act significantly changes the legal landscape in relation to corruption offences in India and brings the legislation more in line with recent similar amendments to the bribery laws in the UK, Brazil and elsewhere. However, the Act still only criminalises public sector bribery; private sector bribery remains outside its scope.  The article provides the detail of the Act and the changes it makes.  The article describes the changes as a step forward, but raises a potential query about the requirement for governmental consent to the opening of any investigation of current or former public officials for requesting or accepting bribes which, it says, could allow for political interference.

http://www.cms-lawnow.com/ealerts/2018/08/india-amends-bribery-laws-to-expand-offences-and-provide-for-corporate-liability

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s