As more and more businesses go global, and more countries step up enforcement, multinationals’ risks multiply dramatically. PwC offers a short primer on anti-corruption policies and procedures.
The anti-corruption regulatory movement is emerging as one of the most formidable compliance challenges confronting the private sector. Major multinationals have taken significant steps to bolster their anti-bribery controls as they confront not only the powerful Foreign Corruption Practices Act (FCPA) in the US, but a new set of anti-corruption laws that seemingly go further than the FCPA. Yet too often we're seeing greater commitment at the top is not effectively flowing through the organization.
To help business leaders and corporate directors better understand the corruption risk landscape and more, to prioritize their company's response, we've compiled eight questions to direct to their operational teams.Related thought leadership