Specialist maritime e-learning company, Marlins, is pleased to announce the provision of 6,000 licences for their new Business Principles course to the world’s leading provider of independent assurance and expert advice, Lloyd’s Register. The course will be used by Lloyd’s Register to update its staff working in 260 offices worldwide about the implications of the newly implemented UK Bribery Act 2010.
The Act, which came into force on 1st July this year, has been described as the toughest anti- corruption legislation in the world, demonstrating that it has significantly more impact than the US Foreign Corrupt Practices Act. It repeals all previous UK laws relating to bribery, replacing them with individual crimes of: promising or offering a bribe; requesting or accepting a bribe; and bribery of foreign public officials.
Furthermore, the Act also includes an offence that applies specifically to companies: the failure of a commercial organisation to prevent bribery on its behalf. For the purposes of the Act, this means any person who performs services for or on behalf of the company – quite simply, any employees, agents or subsidiaries.
Another key element of the Act is that, whilst only a part of UK law, it has international reach, allowing for the prosecution of any individual or company associated with the UK, irrespective of where a crime is committed.
Penalties may include disqualification of directors, confiscation of property, an unlimited fine and a maximum of 10 years’ imprisonment; as well as being debarred from public contracts in the UK. Maria Psaras, Anti-Bribery and Corruption Project Manager at Lloyd’s Register, says:
“Marlins’ Business Principles course is written in a user-friendly style, explaining legislation in a simple manner and providing interactive, real-world scenarios that employees may encounter. For Lloyd’s Register, the course has been has been customised to also deliver the specifics of the group’s anti-corruption policy, where we are committed to the highest possible standards.”
The course has also been adopted by V.Group for the training of nearly 2,000 shore based staff at their 72 locations worldwide.