CIPE’s Frank Brown, Value Chain/Anti-Corruption Program Team Leader, offers strategies to help local firms in emerging markets navigate and implement anti-corruption international standards on The FCPA Blog. Brown explains that local firms in emerging markets are interested in joining international supply chains but often do not have adequate compliance practices in place to be selected by multinationals. See the full article here. Read More...
The second video of CIPE’s Anti-Corruption Compliance series explores what corruption is, and also provides an overview of best practices for implementing an anti-corruption system in a company. The animated clip outlines why taking a prevent, detect, respond framework works best for companies and how to reduce risks by setting up a comprehensive compliance system that incorporates 7 steps:
- Standards of conduct, policies, and procedures
- Compliance oversight, commitment and resources
- Education and training
- Monitoring and auditing
- Reporting and investigation
- Enforcement, discipline and incentives and
- Response, prevention and improvement
Learn more by watching the video here.
This video is part of CIPE’s video series that explores the basic elements of an anti-corruption compliance system. The content of the videos are based on CIPE’s Anti-Corruption Compliance Guidebook . Read More...