Category: Anti-Bribery

Quebec has a new anti-corruption hammer and it’s called ISO 37001

Québec isn’t the only place fighting corrupt and collusive practices in government and private contracting, but it is about to become one of the first places in the world where companies and public bodies will be able to go to school to learn a new international standard for fighting corruption. Enter two former top directors ...

U.S. has no beef with spoiled Brazilian meat

After reports of inspectors taking bribes to allow the sale of contaminated meat, the U.S. Department of Agriculture (USDA) is now testing shipments of raw beef and ready-to-eat meat products originating from Brazil. According to reports, meatpackers in Brazil have been shipping out Salmonella-tainted beef products--a problem that is known and ignored by some official ...

Expect rise in bribery and corruption in 2017 reveals ABC Report

Thirty-five percent of risks and compliance professionals participating in a joint study by Kroll and the Ethisphere Institute believe that bribery and corruption will go up in 2017. The report titled “Anti-Bribery and Corruption Benchmarking Report” also revealed that respondents believed the top risks to their anti-bribery and corruption programs will come from third party ...

ISO 37001 – Anti-Bribery Management Systems

Bribery is one of the world’s most destructive and challenging issues. With over US$ 1 trillion paid in bribes each year, the consequences are catastrophic, reducing quality of life, increasing poverty and eroding public trust. Yet despite efforts on national and international levels to tackle bribery, it remains a significant issue. Recognizing this, ISO has ...

China-led AIIB to block corrupt firms from projects

The Asian Infrastructure Investment Bank (AIIB) will block firms banned by other development banks from participating in its projects, a move that signals the Beijing-based bank’s tough stance towards corruption and fraud. The AIIB said on Wednesday it had voluntarily adopted the list of sanctioned firms and individuals under the Agreement for Mutual Enforcement of ...

Kroll anti-bribery & corruption benchmarking report – 2017

Reputational risk is on the minds of not only ethics and compliance professionals, but also senior-level executives and boards of directors as they consider their organizations’ anti-bribery and corruption programs. A recent survey of compliance officers carried out by Kroll and Ethisphere validates the focus on third-party due diligence and periodic review in the new ...

Now offering ISO 37001 Anti-Bribery training and certification

We are now offering the brand new ISO 37001 ABMS Lead Implementer training and certification in North America, Europe, Middle East and Africa!

How policy framing shaped UK strategy on transnational bribery

The UK recently has been stepping up its anti-corruption enforcement. The Bribery Act of 2010 is among the most stringent national laws aiming to control bribery and corruption in the global economy. In 2015, government introduced a new International Corruption Unit to investigate cases of international corruption in developing countries. Earlier in 2017, Rolls Royce ...

What is a Bribe?

Whoever has been in the financial crime sector long enough knows that corruption uses many words but… corruption. The title might be thought provoking but I have never seen anyone talking freely and openly about bribery and corruption and it is also quite obvious why; it is illegal. Most of the times we tend to ...

Taking auditing to new level with International Standard under revision

ISO’s popular standard for auditing management systems is under revision and has just reached the first voting stage, a crucial step in its development. Organizations are increasingly turning to management systems, in a quest to be more effective and save time and money. Many companies have several different management systems, each focusing on different areas, ...

ISO publishes powerful new tool to combat bribery

A new business tool designed to fight bribery is now published. ISO 37001 is the first international anti-bribery management system standard designed to help organizations combat bribery risk in their own operations and throughout their global value chains. It has the potential to reduce corporate risk and costs related to bribery by providing a manageable ...