ACFE
We are a proud member of the Association of Certified Fraud Examiners ABAC® is a proud member of the Association of Certified Fraud Examiners the recognised voice in the industry. Zafar Anjum, ABAC® CEO said: “Our membership with Association of Certified Fraud Examiners provides a seat at the table, critically important as standards and regulations undergo continual changes. It also provides […]
Fraud Advisory Panel Partnership
The Fraud Advisory Panel is a respected, influential and independent voice of the anti-fraud community. We champion best practice in fraud prevention, detection, investigation and prosecution, and help people and organisations to protect themselves against fraud. Our members are drawn from all sectors – public, private and voluntary – and many different professions who are […]
Around the World: ABAC Laws and Regulations (Part 2)
In part 1 of this series, we discussed ABAC laws and regulations, including The United Nations Convention against Corruption (UNCAC), European Union Anti-Corruption Conventions, United Kingdom – UK Bribery Act (UKBA) 2010, France – Sapin II. In part two, we look at other laws and regulations in Germany, Russia, China and Malaysia. So let’s discuss […]
Around the World: ABAC Laws and Regulations (Part 1)
Governments around the world are responding to need to enact new legislation to fight corruption. Until the last 20 years or so, most laws and regulations were relatively weak, other than the U.S. Foreign Corrupt Practices Act (FCPA). However, a growing intolerance for corruption and increased outrage at high-profile cases has changed the landscape considerably, […]
UK Bribery Act 2010: A 10-Year Anniversary
Ten years after passage of the UK Bribery Act 2010, what effect has it had on compliance and business in the UK and beyond? And how have business leaders responded to its guidelines? In this article, we’ll look at how this groundbreaking legislation has helped shape the effort to prevent and prosecute bribery offences, as […]
FCPA and UKBA: Similarities and Differences
While more governments around the world are enacting new legislation to combat corruption, two laws still stand above the rest in familiarity and scope: The U.S. Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act 2010 (UKBA). While these laws have some overlapping features, there are some key differences. In this article we will […]
How to make compliance and risk management professionals’ jobs easier?
An open letter for Compliance and Risk Management Professionals Let’s have a frank discussion about your job. Day in and day out, your ongoing challenge is to work diligently to identify, expose and remediate the vast number of potential vulnerabilities both within and outside of your organisation. From training and support to guidance and compliance, […]
Ma’aden Certified for ISO 37001 ABMS by ABAC® Center of Excellence
ABAC® Center of Excellence announced Ma’aden’s (Head Office in Riyadh) has successfully completed a comprehensive audit and examination process of anti-bribery policies and procedures and has been certified for ISO 37001 ABMS . In earning certification, Ma’aden met and exceeded the directives set by ISO 37001. The ISO 37001 standard is designed to help global […]
Q&A: Corporate Fraud and Corruption in Pakistan
Corporate fraud and corruption in Pakistan are widespread (Rose-Ackerman, 1997, p. 4), particularly in the government and police forces. However by 2013, the country had improved by 12 indices compared to its previous rank – in 2012, 139 out of 174; in 2011, 134 out of 182; in 2010, 143 out of 178 countries. And in […]
Watch out for bribery and corruption red flags
A “red flag” is a fact, event, set of circumstances, or other information that may indicate a potential legal compliance concern for illegal or unethical business conduct, particularly concerning corrupt practices and non-compliance with anti-corruption laws. These “red flag” examples should always trigger concern and appropriate review by any organisation. The Foreign Corrupt Practices Act and UK […]