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Guidance on adequate procedures to prevent the commission of foreign bribery

Guidance on adequate procedures to prevent the commission of foreign bribery

The Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024 came into effect on 8 March 2024 and introduced a new corporate offense of failing to prevent foreign bribery. The legislation requires the Attorney-General to publish guidance material on what steps corporations can take to prevent an associate from bribing foreign public officials within 6 months.

In August 2024, we published the Guidance on adequate procedures to prevent the commission of foreign bribery.

It outlines the steps corporations can take to establish an effective anti-bribery compliance program and suggests types of controls to consider when implementing such a program.

The guidance sets out 6 elements to assist corporations in establishing ‘adequate procedures’.