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Bribery & corruption risk management
The employees who make the purchasing decisions in your organisation may not be basing their selections on the best interests of the business. Rather than following a transparent process, employees may instead be influenced
Read More »Managing Corruption Risk In The Real World
Recent developments in anti-corruption legislation, particularly in the US and the UK, have substantially increased the risks for global companies which leave bribery and corruption unchecked anywhere in their business. Unlimited fines, seizure of
Read More »Study: NJ Doing Best on Anti-Corruption Measures
State governments lack transparency and accountability to citizens and remain at high risk for corruption, according to a new study of all 50 statehouses. The state doing the best? New Jersey. Not a single state
Read More »New York: U.S. anti-corruption setbacks seen having little impact on company strategies
The U.S. Justice Department has suffered a string of setbacks in its efforts to enforce the Foreign Corrupt Practices Act, including two this week, but it retains sufficient leverage to persuade companies to settle
Read More »Indexing Personal Danger
On the Risk Management Monitor last month from Christine Kane talked about the most dangerous countries for expats to work in. Listed were Iraq, Colombia, Somalia, Afghanistan, and Pakistan
Read More »The True Costs of Corruption
The World Bank estimates that corruption may cost the world economy about a $1 trillion a year. In more practical terms, as the chart below shows, corruption in some countries is robbing the world’s
Read More »Does Your Compliance Program Need a Check-Up?
When was the last time your anti-corruption compliance program had a check-up? Like any other “wellness” program, a periodic review of a company’s compliance program is an integral component of its overall health.
Read More »Writing on a Blank Slate — Creating an Anti-Corruption Program
What if – and this is a big what if – your company is starting from scratch on its anti-corruption compliance program? Your company’s Code of Conduct includes a paragraph prohibiting foreign bribery and
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