Doing business globally has opened up organisations to new risks and rewards. Among the most pressing risks facing organisations today is the threat of bribery and corruption. Legislation such as the UK Bribery Act, increased enforcement of the Foreign Corrupt Practices Act (FCPA) and the threat of massive fines and imprisonment have elevated this risk for organisations of all sizes.
Employers have an opportunity to establish important legal defenses and credibility for their programme with key enforcement agencies. Organisations that establish anti corruption programmes and proactively work to educate and prevent corruption can increase compliance, reduce the likelihood of misconduct and avoid prosecution for missteps.