Global Bribery and Corruption: Impact on Canadian Businesses

On July 1, 2011, the new Bribery Act 2010 came into effect in the UK, presenting many Canadian commercial organizations with new risks and challenges. The legislation can extend to any company which carries on any part of a business in the UK, regardless of where the company was incorporated. Canadian businesses with a connection to the UK need to carefully consider their existing anti-bribery procedures and whether their controls are up to the task.


To help you keep track of these developments, Deloitte’s advisory team has analyzed the new Bribery Act and has been carefully monitoring Canadian anti-bribery actions. Deloitte offers extensive anti-corruption advisory services helping clients manage bribery and corruption risks, and has been involved in some of the largest and most complex anti-corruption investigations and remediation efforts.

Download the Deloitte report (Global bribery and corruption and the impact on Canadian businesses) to understand the changing nature of anti-bribery legislation and enforcement, and how you can take steps to ensure your business is protected.

Global Anti-bribery and Corruption Survey 2011

In Canada, managing bribery and corruption risks has not assumed the importance and urgency seen in other jurisdictions. To date, Canada’s Corruption of Foreign Public Officials Act (CFPOA), has received little attention from corporations and enforcement by officials. This is in stark contrast to the situation in the United States where the Foreign Corrupt Practice Act (FCPA) is robustly enforced. However, there have been important developments on the Canadian anti-bribery and corruption (AB&C) front. The new reality for Canadian companies is one of increased AB&C enforcement activity, both at home and abroad.

KPMG Forensic commissioned a survey of 214 executives (106 in the US and 108 in the UK) who consider themselves “one of the most senior persons in charge of day-to-day AB&C matters at their company.” The three most significant AB&C compliance challenges cited by both US and UK respondents are auditing third parties for compliance, difficulty in performing effective due diligence on foreign agents/third parties, and variations in country requirements and local laws on issues, such as data privacy and facilitating payments.

(Read the Global Anti-bribery and Corruption Survey 2011.)