As pointed out by Squire Sanders & Dempsey’s Capital Markets Practice Review for July 2011, “on 1 July 2011, the day the Bribery Act 2010, came into force, Transparency International UK published a consultation on its draft anti-bribery guidance for transactions. The draft guidance aims to provide practical help for companies wishing to undertake anti-bribery due diligence in the course of mergers, acquisitions and investment. The draft guidance sets out good practice principles, lists the questions that should be raised as part of the due diligence process and also provides a checklist of indicators as an aid to due diligence. Comments are requested by 15 September 2011.”

Transparency International: Draft guidance for anti-bribery due diligence in mergers, acquisitions and investments available at:

Reference: Squire Sanders & Dempsey (UK) LLP, Capital Markets Practice Review for July 2011, by Jane Haxby, Richard Glover, Giles Distin and Christian Lowis.