Impact of UK Bribery Act being felt on multi-nationals

For large multi-national corporations who inevitably have a footprint in the UK (like an office in London), the higher expectations set by UK Bribery Act are making their way into their anti-corruption policies set at a world-wide (ergo, enterprise) level. For those crusading for limiting the impact of such payments (facilitation and otherwise) on the politics and more in the the developing world, this is great news indeed. 

As the effective date for the act (July 1 2011) comes closer, expect similar filings by other Fortune 500 multinationals. Over the next 6 months, it should not be surprising for their suppliers to be held to the same standard with targeted audits to ensure that there are robust compliance programs in place.