The document discusses the OECD Good Practice Guidance on Internal Controls, Ethics and Compliance, which provides recommendations for companies to establish effective anti-bribery compliance programs. It notes that 40 countries have criminalized foreign bribery and over 200 individuals and 90 companies have been sanctioned so far. The Guidance highlights fundamental elements companies should incorporate, such as clear anti-bribery policies, due diligence procedures, training, reporting mechanisms, and monitoring. It emphasizes the need for strong support from senior management and a tailored approach for each company's specific risks.
ISO 37001 Implementation - The Key to Protecting Your Company’s ReputationPECB
No organization can afford to take the risk of bribery lightly. Investors need assurance that they have made every possible effort to prevent bribery at all levels of the organization. The webinar will list some of the measures, which must be implemented if an organization wants to prevent and detect bribery appropriately.
Presenter:
The presenter of this topic is Mr. Jacob Mc Clean, PECB Trainer and the Principal and Managing Director of Kaizen Training & Management Consultants Limited.
Organizer: Alba Keqa
Date: November 17, 2016
Link of the recorded session published on YouTube: https://youtu.be/Aa-yNO74HRY
Anti-corruption compliance was a topic of interest in a limited number of countries ten years ago, but the past decade has seen the emergence of anti-corruption compliance systems in companies across the globe. This Study therefore looks at why companies adopt anti-corruption compliance mechanisms, with an eye towards encouraging more companies (including small- and medium-sized enterprises) to adopt such measures.
This study forms part of a three-part project on corporate anti-corruption measures to support sustainable business, prepared with the support of the Government of Sweden. The other studies in the project focus on: Tackling bribe solicitation using the High-Level Reporting Mechanism for preventing bribery; and
Foreign bribery and the role of intermediaries, managers, and gender.
Find the full reports at: http://www.oecd.org/corruption/anti-bribery/corporate-anti-corruption-compliance.htm.
On Tuesday, 23 September, MCRB hosted a half-day workshop on “Anti-Corruption Programmes” for Myanmar businesses in Yangon. The workshop, held in collaboration with Spectrum – a Yangon-based sustainable development knowledge network - was the first in a series of events to follow-up on the Transparency in Myanmar Enterprises (TiME) report and build business capacity in the area of anti-corruption and human rights.
Corporate Compliance & Disclosure 2015Ruoh Yi Tham
Graft Investigations are on the up, particularly in emerging markets. In the myriad of variables including Third parties, JV partners, Subsidiaries and unaware employees, internal controls need to be bullet proof.
That said, irrespective of being in the right, a corporate can be subject to investigations. How does one manage the process, what are the disclosure obligations, and how should the company get quick closure?
IBC's Expert Briefing on Corporate Compliance and Disclosure is Asia’s ONLY gathering that address the full range of compliance issues confronting business today. www.complianceanddisclosure.com
Fraud Risk Management | Fraud Risk Assessment - EY IndiaErnst & Young
Check out the edition of fraud risk management & fraud risk assessment understanding the client's organizational structure & business environment. For more details, visit http://bit.ly/1RtohKr.
Fraud Risk Management | Fraud Risk Assessment - EY IndiaNishantSisodiya
Check out the edition of fraud risk management & fraud risk assessment understanding the client's organizational structure & business environment. For more details, visit http://bit.ly/1RtohKr.
ISO 37001 Implementation - The Key to Protecting Your Company’s ReputationPECB
No organization can afford to take the risk of bribery lightly. Investors need assurance that they have made every possible effort to prevent bribery at all levels of the organization. The webinar will list some of the measures, which must be implemented if an organization wants to prevent and detect bribery appropriately.
Presenter:
The presenter of this topic is Mr. Jacob Mc Clean, PECB Trainer and the Principal and Managing Director of Kaizen Training & Management Consultants Limited.
Organizer: Alba Keqa
Date: November 17, 2016
Link of the recorded session published on YouTube: https://youtu.be/Aa-yNO74HRY
Anti-corruption compliance was a topic of interest in a limited number of countries ten years ago, but the past decade has seen the emergence of anti-corruption compliance systems in companies across the globe. This Study therefore looks at why companies adopt anti-corruption compliance mechanisms, with an eye towards encouraging more companies (including small- and medium-sized enterprises) to adopt such measures.
This study forms part of a three-part project on corporate anti-corruption measures to support sustainable business, prepared with the support of the Government of Sweden. The other studies in the project focus on: Tackling bribe solicitation using the High-Level Reporting Mechanism for preventing bribery; and
Foreign bribery and the role of intermediaries, managers, and gender.
Find the full reports at: http://www.oecd.org/corruption/anti-bribery/corporate-anti-corruption-compliance.htm.
On Tuesday, 23 September, MCRB hosted a half-day workshop on “Anti-Corruption Programmes” for Myanmar businesses in Yangon. The workshop, held in collaboration with Spectrum – a Yangon-based sustainable development knowledge network - was the first in a series of events to follow-up on the Transparency in Myanmar Enterprises (TiME) report and build business capacity in the area of anti-corruption and human rights.
Corporate Compliance & Disclosure 2015Ruoh Yi Tham
Graft Investigations are on the up, particularly in emerging markets. In the myriad of variables including Third parties, JV partners, Subsidiaries and unaware employees, internal controls need to be bullet proof.
That said, irrespective of being in the right, a corporate can be subject to investigations. How does one manage the process, what are the disclosure obligations, and how should the company get quick closure?
IBC's Expert Briefing on Corporate Compliance and Disclosure is Asia’s ONLY gathering that address the full range of compliance issues confronting business today. www.complianceanddisclosure.com
Fraud Risk Management | Fraud Risk Assessment - EY IndiaErnst & Young
Check out the edition of fraud risk management & fraud risk assessment understanding the client's organizational structure & business environment. For more details, visit http://bit.ly/1RtohKr.
Fraud Risk Management | Fraud Risk Assessment - EY IndiaNishantSisodiya
Check out the edition of fraud risk management & fraud risk assessment understanding the client's organizational structure & business environment. For more details, visit http://bit.ly/1RtohKr.
Transparency International Malaysia: Business Integrity ProgrammeEthical Sector
On 16 March, the Myanmar Centre for Responsible Business (MCRB) and ASEAN CSR Network (ACN) hosted a workshop in Yangon for senior managers of Myanmar companies on anti-corruption practices.
http://www.myanmar-responsiblebusiness.org/news/combatting-corruption-in-myanmar.html
These highlights from the OECD Investment Policy Review of Myanmar were presented by Stephen Thomsen at launch events in Myanmar on the 1 and 4 March 2014. Myanmar's Union Minister of National Planning and Economic Development, Dr. Kan Zaw, praised the comprehensive nature of the report and said that it would help to guide the government in solidifying investment climate reforms and in promoting more and better investment.
Find out more at http://www.oecd.org/daf/inv/investment-policy/investment-policy-reform-in-myanmar.htm
This presentation by Steven Thomsen was made at the special session on the OECD Investment Policy Review of Myanmar held during the 2nd ASEAN-OECD Investment Policy Conference held on 10-11 December 2014.
Find out more at: http://www.oecd.org/daf/inv/investment-policy/2014-asean-oecd-investment-policy-conference.htm
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Preventing bribery in international business
1. PREVENTING
BRIBERY IN
INTERNATIONAL
BUSINESS:
The OECD Good Practice Guidance on
Internal Controls, Ethics & Compliance
Patrick Moulette
Head, OECD Anti-Corruption Division
2. The OECD Anti-Bribery Convention
Levelling the playing field:
• Criminalises foreign bribery in
40 countries;
• Increased enforcement:
– 90 companies and 210
individuals sanctioned to date
– 300 investigations ongoing in 26
countries.
3. OECD Good Practice Guidance
• With increased enforcement, companies need
to know how to prevent bribery and
corruption.
• Response: 2010 OECD Good Practice Guidance
on Internal Controls, Ethics and Compliance
• First guidance of its kind agreed at
intergovernmental level
4. Implementing an anti-bribery program
• No one-size-fits-all: Each company is different
and has different compliance needs.
• Good Practice Guidance: Highlights
fundamental elements of any effective
programme.
5. Elements of a strong programme
• Clear and visible corporate policy
prohibiting bribery;
• Policies and measures for specific risk
areas applicable at all levels;
• Due diligence;
• Financial and accounting procedures.
6. Not just a paper tiger …
• ‘Tone from the top’: strong support from
senior management;
• Communications and training;
• Disciplinary measures;
• Safe and reliable reporting procedures;
• Monitoring and evaluation.
7. Thank you
For more information on the
OECD Anti-Bribery Convention and
Good Practice Guidance, go to:
www.oecd.org/corruption
www.oecd.org/corruption/latinamerica