Bank on Integrity

e-Learning Package for Banking Practitioners

2. Laws and regulations

Prevention of Bribery Ordinance (Cap 201, Laws of Hong Kong)
Points to note

Custom not to be a defence

  • It shall not be a defence to show that any such advantage accepted or offered is customary in any profession, trade, vocation or calling.

Verbal agreement counts

  • The offeror and the acceptor are liable even if only a verbal agreement of corruption is reached and the purpose of bribery has not been carried out.

Maximum penalties

  • A fine of HK$500,000 and imprisonment for 7 years if contravening section 4, 8, 9 or 9(3).
  • Payment of the full or partial amount or value of the advantages received by the offender to such person or institution as the court directs.
Full text of the PBO