This page includes background information about the risks of bribery and corruption and provides information and guidance on anti-bribery and corruption legislation and obligations for businesses and third sector organisations across the Bailiwick.
The Sark Government takes a zero tolerance approach to acts of bribery and corruption, which are illegal both under Bailiwick legislation and under certain overseas legislation with extraterritorial reach.
The participation of businesses in corrupt or potentially corrupt practices or in acts of bribery undermines the integrity of business and third sector activity conducted in or from the Bailiwick and risks damage to social and economic development.
Overarching measures to combat bribery and corruption have been agreed by international anti-corruption conventions. The United Nations Convention against Corruption (UNCAC) and the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (the OECD Convention) have both been extended to the Bailiwick.
While the Bailiwick's position as a major international financial centre means that the matters addressed under the conventions are more readily applicable to financial services businesses, they are not confined to this sector, and apply to all businesses, including small and medium enterprises (SMEs), as well as to third sector organisations.
For further information on the following topics visit –
- Scope of Bribery and Corruption
- High risk activity
- Legislation applicable to the Bailiwick
- Need for adequate procedures
- Good practice and procedure
- Other sources of information