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Recent ICAC Cases Anti-Corruption Laws in Hong Kong Corruption Myths Cross-Boundary Business Operations Conflict of Interest
What is conflict of interest? Examples of conflict of interest Problems arising from conflict of interest How to handle conflict of interest? How well are we managing conflict of interest?
Ethical Decision MakingAnti-Corruption Laws in Hong Kong
Anti-corruption laws at a glance
- POBO governs both public and private sector corruption.
- Advantage refers to anything which is of value except entertainment.
- There is no financial limit or threshold for the monetary value of an advantage.
- Both the offeror and the acceptor of a bribe commit an offence under POBO.
- It is a POBO offence for an employee to use false document to deceive his employer even without accepting an advantage.
- The offeror and the acceptor of a bribe will commit an offence irrespective of whether or not the act of bribery has actually been carried out.
- An advantage which is customary in any profession, trade, vocation or calling does not constitute a defence for bribery.
- Maximum penalty is 7 years imprisonment and a fine of $500,000.
The relevant provisions of the POBO can be viewed at Hong Kong e-Legislation.
Is it an offence if corruption purpose is not met? (Cantonese Only)
Is it an offence if corruption purpose is not met?
Is it legal to accept gifts or red packets? (Cantonese Only)
Is it leagl to accept gifts from clients? Can trade practice be an excuse of legal liabilities?