ABAC® Group announced that Mubadala Petroleum, a leading international oil and gas company, has successfully achieved ISO 37001 Anti-Bribery Management Systems certification. The announcement was made by Zafar Anjum, CEO…
ISO/DIS 37301 has officially replaced ISO 19600. The main difference between these two standards is that ISO 37301 will establish requirements for the implementation of a compliance management system, as…
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,…
ACFE released their 2020 Report to the Nations, the latest in ACFE global studies on the costs and effects of occupational fraud (i.e., fraud committed by individuals against the organisations…
Bribery and corruption are often recognised only AFTER it occurs, generally when the media uncover the handled bribe or when a whistleblower reports the money laundering scheme. To combat corrupt…
There are several hidden risks inside and outside their organisations. Organisations have to take actions to protect themselves, reputation, employees and other #stakeholders from #bribery and #corruption associated #risks. At…
Malaysia's seemingly never-ending battle to fight bribery and corruption is taking a decidedly different turn this year, as specific measures, Malaysian Anti-Corruption Commission (MACC) went into effect last year (2020)…
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 Malaysian Anti-Corruption Commission (MACC) arrested 44 individuals, including 32 Road Transport Department (JPJ) officers and a traffic cop for allegedly protecting lorry drivers (by accepting bribes) who committed traffic…
Pristine Offshore Sdn Bhd has become the first company to be charged with the newly introduced provision, which imposes corporate liability under the Malaysian Anti-Corruption Commission (MACC) Act 2009. The Malaysian…