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Today, 9 December, is International Anti-Corruption Day, and an opportunity to raise awareness of the ISO standards that help shape a fairer and more just world. Systemic bribery, among other things, lowers economic growth and discourages investment. It goes hand in hand with poverty and social inequality. But, most importantly,…
The development of the economy worldwide followed by a greater scale of globalization has been followed by bigger challenges with regard to anti-bribery and corruption (ABC) compliance. The globalized companies started expanding their activities in less developed countries with less regulated legal frameworks on the one hand, or the very…
The last decade has seen a growing focus on governance practices, particularly in the political and business environments. More and more, questions are being raised about the way business is conducted or how our tax dollars are spent. People want to know if their consuming habits participate in climate change…
Recently, we have seen thousands of people protesting across Romania with the purpose of fighting corruption. As a severely damaging factor of our societies, corruption is very widespread across the countries of Eastern Europe. However, the second poorest EU state has been facing corruption problems for quite a long time…
Over the last few years, we have seen more countries bring enforcement activities against companies that use bribery to win foreign contracts and grow their revenues. Some of the countries included in such activities are Australia, Canada, France, Germany, Italy, the Netherlands, Norway and the UK. Nevertheless, the crackdown on…
Fundamentally, we may address Bribery as one of the most harmful phenomena to the development of societies, economies, and commercial activities among others. Its spread has led to the formation of many legal frameworks, designated to prevent and tackle its practice in all types of organizations. As such, bribery refers…
Becoming a legal problem in most countries, bribery is also being considered as one of the most deteriorating phenomena to the global society. Directly affecting the quality of life, corruption is magnifying bribery conduction in all forms and all levels of both private and public organizations. With many organizations affected…
