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Managing Corruption Risk In The Real World

corruptionbribery March 21, 2012 0

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

Risk assess the pros and cons of Self Reporting

corruptionbribery March 21, 2012 0

The Bribery Act throws up interesting problems. Most corporates will put in place ‘Adequate Procedures’ to prevent bribery. Successful implementation of these procedures will sometimes lead to awareness of a potential bribery

Study: NJ Doing Best on Anti-Corruption Measures

corruptionbribery March 20, 2012 0

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

Indexing Personal Danger

corruptionbribery March 15, 2012 0

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

Anti-Corruption Risk Assessments for Global Business Organizations

corruptionbribery March 14, 2012 0

Until recently, many global companies likely felt little need to conduct anti-corruption risk assessments. But that has changed dramatically, due in part, to the OECD’s 2010 good practice anti-corruption standards, which deemed risk assessment

Issues relating to bribery and corruption in M&A transactions

corruptionbribery March 14, 2012 0

The anti corruption movement is perhaps the most enduring symbol of the year 2011 in India, and is likely to dominate popular dialogue for the years to come. Although the connection between corruption and

The ethical dilemma: Saying no to corruption

corruptionbribery March 13, 2012 0

Normally, financial corruption between the public sector and the private sector is condemned on moral and legal grounds. This is what we said in the first part of this article and then we also

Global Anti-bribery and Corruption Survey 2011

corruptionbribery March 12, 2012 0

Bribery and corruption exist in all parts of the world in varying degrees. KPMG International commissioned a survey of 214 executives in the U.S. and the UK to identify their most vexing anti-bribery and