The UK Bribery Act 2011 has just been given royal assent. Some of its offences covers British companies overseas.

s. 12 (5): An offence is committed under section 7 irrespective of whether the acts or omissions which form part of the offence take place in the United Kingdom or elsewhere.

 

s.7 Failure of commercial organisations to prevent bribery

(1) A relevant commercial organisation (“C”) is guilty of an offence under this
section if a person (“A”) associated with C bribes another person intending—
(a) to obtain or retain business for C, or
(b) to obtain or retain an advantage in the conduct of business for C.

Download the Original version of the Bribery Act here.

The Serious Fraud Office is in charge in enforcing these laws. There has been prosecutions involving Indonesian subsidiaries of an English companies in the past.