The House of Lords Bribery Act 2010 Committee will question Lesley Batchelor OBE, Director General, Institute of Export and International Trade, and Carl Hunter, CEO and Managing Director, Coltraco Ltd, on Tuesday 4 September as part of its post-legislative scrutiny inquiry into the Bribery Act 2010.
This session will focus on the impact which the Bribery Act 2010 has had for exporters. The Committee will address issues such as how often exporters encounter bribery in their day-to-day operations, and what the Government currently does to assist exporters with understanding and complying with the Act.
The Institute of Export & International Trade is a professional membership body representing and supporting the interests of everyone involved in importing, exporting and international trade.
Coltraco is a small private company which designs and manufactures ultrasonic instrumentation for improving safety and the watertight integrity of marine structures. The company exports 89% of its output to 108 countries.
The evidence session will start at 11.30am in Committee Room 4 in the House of Lords. Other questions the Committee are likely to ask include:
- Has the Bribery Act 2010 deterred British companies from exporting abroad, or otherwise harmed their competitiveness in relation to companies from countries with less stringent anti-bribery measures?
- Have UK exporters and their sub-contractors developed effective anti-bribery policies as a result of the Bribery Act?
- How could these companies improve their efforts to prevent bribery?
- How does the Bribery Act compare with equivalent legislation in other countries?
- Are there other approaches, either in terms of legislation or enforcement, which the UK could learn from?