ABSTRACT
This chapter explores the economic crime of bribery and corruption. It begins by exploring the concept of corruption alongside some of the legal definitions which underpin it. The chapter moves on to explore the consequences of corruption and some of the estimates of the extent of it. International bribery is then considered including some of the international provisions related to it such as the American Foreign Corrupt Practices Act (FCPA) and the UK 2010 Bribery Act. The challenges in enforcing anti-corruption legislation are considered before a discussion about the growing role of the corporate compliance function in preventing bribery and corruption.
