{"id":2763,"date":"2019-07-24T10:40:02","date_gmt":"2019-07-24T10:40:02","guid":{"rendered":"https:\/\/crigroup.com\/?p=2763"},"modified":"2022-07-13T08:24:06","modified_gmt":"2022-07-13T08:24:06","slug":"protection-against-corruption","status":"publish","type":"post","link":"https:\/\/crigroup.com\/ar\/protection-against-corruption\/","title":{"rendered":"Top 10 ways to protect your organisation from bribery and corruption"},"content":{"rendered":"

According to the International Monetary Fund (IMF) public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty. The fact is, bribery and corruption can affect any organization, of any size, in any industry and location. So how to protect your organization from bribery and corruption.<\/p>\n

There are 10 things that an organization can do, to be better protected against the threat of bribery and corruption:<\/p>\n

    \n
  1. Be proactive:<\/strong> Adopt a code of ethics for management and employees. Evaluate your internal controls for effectiveness and identify areas of the business that are vulnerable to bribery and corruption.<\/li>\n
  2. Be strict:<\/strong> Communicate regularly to staff about anti-bribery and corruption policies, ways to report suspicions of misconduct, and the potential consequences (including termination and prosecution) of unethical behavior.<\/li>\n
  3. Train your employees:<\/strong> Your workforce is your first line of defense against corruption \u2013 enroll your organization in training programs like ISO 37001:2016 Anti-Bribery Management System Introductory<\/a>, Internal Auditor<\/a> or Lead Auditor<\/a> training to ensure they can properly identify, prevent and detect bribery.<\/li>\n
  4. Be aware of red flags:<\/strong> Payment for vague services like \u201cfacilitating\u201d, paying higher-than-normal fees to a vendor as \u201ccommission\u201d, off-the-books deals, requirements of cash-only payments or unusual payment arrangements are all signs that things may be amiss and require further review.<\/li>\n
  5. Validate compliance regularly: <\/strong>Putting standards in place is only effective if you test and follow them year-round. Implement a process to ensure compliance with legislation like the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act 2010.<\/li>\n
  6. Conduct due diligence:<\/strong> An unethical partner or supplier engaging in bribery and corruption can have serious effects on your own company\u2019s reputation. Conduct thorough due diligence<\/a>, with background checks and full risk assessments, on all third-parties with which you are engaged.<\/li>\n
  7. Encourage whistleblowing.<\/strong> Corruption is still most likely to be detected by a tip. Providing an anonymous reporting system for your employees, contractors and clients will help uncover more cases of bribery and other misconduct.<\/li>\n
  8. Be transparent:<\/strong> A way to be proactive in your engagement with others is to ask for feedback. Then be prepared to address it, good or bad \u2013 creating open lines of communication and honest dialogue regarding what is and what isn\u2019t unethical behavior.<\/li>\n
  9. Establish Hiring Procedures:<\/strong> When hiring staff, conduct thorough background investigations<\/a>. Check educational, credit and employment history (as permitted by law), as well as references.<\/li>\n
  10. Get Certified:<\/strong> The ISO 37001:2016 Anti-Bribery Management System standard is designed to help an organization implement an anti-bribery management system. Any organization can and should become ISO 37001 certified<\/a> to signify the measures it has taken to prevent and detect bribery and corruption<\/li>\n<\/ol>\n

     <\/p>\n

    About us…<\/span><\/strong><\/p>\n

    Based in London, CRI\u00ae Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international <\/span>Risk Management<\/span><\/a>,\u00a0<\/span>Employee Background Screening<\/span><\/a>,\u00a0<\/span>

    \u0630\u0643\u0627\u0621 \u0627\u0644\u0623\u0639\u0645\u0627\u0644<\/div><\/span><\/a>,\u00a0<\/span>
    \u0627\u0644\u0639\u0646\u0627\u064a\u0629 \u0627\u0644\u0648\u0627\u062c\u0628\u0629 360\u00b0<\/span><\/div><\/span><\/a>,\u00a0<\/span>
    \u062d\u0644\u0648\u0644 \u0627\u0644\u0627\u0645\u062a\u062b\u0627\u0644<\/div><\/span><\/a>\u00a0and other professional\u00a0<\/span>Investigative Research<\/span><\/a>\u00a0solutions provider. We have the largest proprietary network of background screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are, we have the network needed to provide you with all you need, wherever you happen to be. CRI\u00ae Group also holds\u00a0<\/span>BS102000:2013<\/span><\/strong>\u00a0and\u00a0<\/span>BS7858:2019 Certifications<\/span><\/strong>\u00a0is an HRO certified provider and partner with Oracle.<\/span><\/p>\n

    In 2016, CRI\u00ae Group launched\u00a0<\/span>the Anti-Bribery Anti-Corruption (ABAC\u00ae) Center of Excellence<\/span><\/a>\u00a0– an independent certification body established for\u00a0<\/span>ISO 37001:2016 Anti-Bribery Management Systems<\/span><\/a>,\u00a0<\/span>ISO 37301 Compliance Management Systems<\/span><\/a>\u00a0and\u00a0<\/span>ISO 31000:2018 Risk Management<\/span><\/a>, providing\u00a0<\/span>training<\/span><\/a>\u00a0and\u00a0<\/span>certification<\/span><\/a>. ABAC\u00ae operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI\u00ae Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organizations. <\/span>Contact ABAC\u00ae for more<\/span><\/a>\u00a0on ISO Certification and training.<\/span><\/p>\n

     <\/p>\n

    MEET THE CEO<\/span><\/strong><\/p>\n

    Zafar I. Anjum is Group Chief Executive Officer of CRI\u00ae Group (www.crigroup.com), a global supplier of investigative, forensic accounting, business due to diligence and employee background screening services for some of the world’s leading business organizations. Headquartered in London (with a significant presence throughout the region) and licensed by the Dubai International Financial Centre-DIFC, the Qatar Financial Center – QFC, and the Abu Dhabi Global Market-ADGM, CRI\u00ae Group safeguard businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking to affiliate with your business. CRI\u00ae Group maintains offices in UAE, Pakistan, Qatar, Singapore, Malaysia, Brazil, China, the USA, and the United Kingdom.<\/span><\/p>\n

    Contact CRI\u00ae Group to learn more about its 3PRM-Certified\u2122 third-party risk management strategy program and discover an effective and proactive approach to mitigating the risks associated with corruption, bribery, financial crimes and other dangerous risks posed by third-party partnerships.<\/span><\/p>\n

    CONTACT INFORMATION<\/span><\/strong><\/p>\n

    Zafar Anjum, MSc, MS, CFE, CII, MICA, Int. Dip. (Fin. Crime) | CRI\u00ae Group Chief Executive Officer<\/span><\/p>\n

    37th Floor, 1 Canada Square, Canary Wharf, London, E14 5AA United Kingdom<\/span><\/p>\n

    t: +44 207 8681415 | m: +44 7588 454959 | e: zanjum@crigroup.com<\/span><\/p>\n

     <\/p>","protected":false},"excerpt":{"rendered":"

    According to the International Monetary Fund (IMF) public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty. The fact is, bribery and corruption can affect any organization, of any size, in any industry and location. […]<\/p>","protected":false},"author":1,"featured_media":4179,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,16,17,146,10],"tags":[],"class_list":["post-2763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-anti-bribery-anti-corruption-solution","category-compliance-solution","category-iso-37001","category-resources","category-third-party-risk-management"],"gutentor_comment":0,"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\n\n\t\n