CFE – Law — Question 55
Which of the following is the MOST ACCURATE statement about the UK Bribery Act?
Answer options
- A. If an organization’s anti-corruption program complies with the FCPA, it will be more than sufficient for the purpose of complying with the UK Bribery Act.
- B. Like the FCPA, the UK Bribery Act contains an explicit exception for facilitating payments.
- C. The UK Bribery Act has a broader application than the FCPA because, unlike the FCPA, it makes commercial bribery a crime.
- D. Unlike the FCPA, the UK Bribery Act makes it a crime to bribe a foreign public official in connection with international business transactions.
Correct answer: C
Explanation
The correct answer is C because the UK Bribery Act indeed has a broader scope, making commercial bribery a criminal offense, which is not the case under the FCPA. Options A and B are incorrect as they misrepresent the relationship and differences between the FCPA and the UK Bribery Act. Option D is also misleading as both acts address bribery of foreign officials but differ in their specifics and scope.