Agencies will play key role in enforcing the Bribery Act, says BSI

BSI has said that hotel booking agencies are perfectly placed to help corporates manage compliance with the Bribery Act.

Agencies will play key role in enforcing the Bribery Act, says BSI
Agencies will play key role in enforcing the Bribery Act, says BSI
A BSI white paper, published on Friday (1 July) to advise the events industry on the implications of the Act, advises agencies to be extra vigilant when coordinating delegate event attendance requests.
 
BSI managing director Trevor Elswood said: "One of the agency’s growing responsibilities is to ensure that the corporations are not embarrassed by employees inadvertently or naively participating in any activity in the meetings and events world, which might lead to brand reputational damage. The same risk arises from breaches of the Bribery Act."
 
He added that hotel booking agencies and travel management companies can be highly effective in deciding whether corporate requests could fall foul of the Act.
 
"The Act encourages compliance with preferred channels, and therefore represents good business governance. It brings the additional transparency sought by procurement and senior executives, and will therefore encourage the combat of maverick spend and processes," he said.
The Bribery Act launched last week, with industry figures calling for more clarity.

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