On 24th October, a comprehensive article from Ronan Daly Jermyn said that this Act, which came into force in July 2018, represents a landmark in the combatting of bribery and corruption in Irish business in both the public and the private sectors. The article outlines key concepts that must be understood in order to navigate the legislation successfully and the principal offences that the Act enshrines. The article says that the implications of the Act for both the public and the private sector are significant, and the legislation merits careful attention at all levels of management within businesses and public bodies. It advises that if an organisation does not have an anti-corruption and anti-bribery policy, it should now put in place a policy that is tailored to the particular risks to which the organisation and the sector in which it operates are exposed; where an organisation has an anti-corruption and anti-bribery policy, that policy should now be reviewed and revised as necessary; and must ensure that a commitment to preventing corruption flows through all levels of the organisation, including in its interactions with third parties.
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