CPI 2020: Asia Pacific, Pakistan and Middle East
The newly published Transparency International’s Corruption Perception Index (CPI 2020) has ranked 180 countries and territories by their perceived levels of public sector corruption. This index uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean. CPI 2020 identified that despite progress, most countries still struggle to stop corruption effectively […]
ISO 37001 ABMS certification: what to expect?
Even though the International organisation has developed it for standardisation, many are still wondering what to expect from implementing the ISO 37001:2016 Anti-Bribery Management System (ABMS) in their businesses. Questions that usually arise are related to whether this certification is enough to prevent bribery and corruption in organisations, whether it is a silver bullet or not. We […]
What are ISO 37001 ABMS benefits?
Bribery is a key issue in both local markets and global business activities. The desire to expand business operations and maximise commercial profits not only requires the identification and management of operational risks but also identification and mitigation of bribery risks. It is important to note that expansion of business tends to involve bureaucratic processes […]
Relevance of ISO 31000 for risk professionals
Managing risk is a critical part of the success of any organisation. Whether you’re an experienced risk professional or just trying to understand risk, ISO 31000 is a great resource for your organisation, no matter the size or industry. > Are you new to risk management? Our newly published “Risk Management & ABMS Playbook: A guide […]
Structure of ISO management system standards
The International Organization for Standardization (ISO) defines a management system as a set of procedures an organisation needs to follow in order to meet its objectives. A management system standard provides a model to follow when setting up and operating a management system. Some of the top-level benefits of a successful management system include: ISO has published many management system […]
Q&A: Corporate fraud & corruption in the UK 2021
The United Kingdom scores 77 out of 100 on Transparency International’s (TI) 2020 Corruption Perceptions Index (CPI), as is one of the 25 least corrupt countries across the globe. However, it all seems great on the surface as corporate fraud and corruption cases have been noticeable in various industries across the UK. TI reports that corrupt […]
Contract Fraud: Is Your Organisation at Risk?
Contract Fraud: Is Your Organisation at Risk A seemingly endless stream of business fraud allegations flows continuously over our news tickers. The growing preponderance of corruption, collusion, coercion and fraud in the procurement of business contracts has thrust companies into the international limelight and forced organisations to become more accountable. Contract Fraud is genuine, and […]
Top 10 Bribery and Corruption Stories of 2020
Even with much of the world under partial lockdown during the COVID-19 pandemic last year, there was no shortage of bribery and corruption cases. Each of these stories makes it clear that organisations must have proper controls in place to prevent bribery and corruption. ISO 37001 Anti-Bribery Management Systems standard provides a comprehensive approach to mitigating bribery […]
Why your organisation needs an ethical code of conduct!
What are the key features of your organisation’s success? People are at the heart of your business; therefore, they are your most important asset. We believe that core values such as transparency, ethics and compliance communicated from the top will inspire your team and your organisation to grow exponentially. Thought leading by example might not be […]
MACC Act’s Corporate Liability Provisions are in place – time to raise the bar!
Last year Malaysia took a further step against corruption with its new Corporate Liability Provisions of the Malaysian Anti-Corruption Commission MACC (Amendment) Act 2018. Today, Pristine Offshore Sdn Bhd has become the first company to be charged with the newly introduced provision, and MACC officers have arrested several JPJ officers, highlighting how important it is to raise […]