Is your corruption prevention program going to deal you a winning hand, or will it collapse like a house of cards? In today’s increasingly complex global environment, it’s no longer a question of whether an organisation has an anti-corruption framework in place, but how robust that framework actually is. Corruption prevention and compliance programmes that fail to stand up to scrutiny when stress-tested, can have significant and far-reaching consequences. More
Currently estimated to cost five per cent of the world’s total GDP, or US$2.6 trillion per annum, corruption is now the third largest industry globally and is growing. In response, anti-corruption legislation around the world is being strengthened, with a growing emphasis now placed on enforcement and compliance. Organisations not only need to have an anti-corruption programme in place, but are increasingly required to prove its effectiveness.