Reducing corruption risk by disrupting moral hazard

March 2012
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Reducing corruption risk by disrupting moral hazard

At a glance

Anti-corruption practitioners know, perhaps now more than ever, that third-party relationships represent one of the primary areas of risk for potential violations of the global regulatory framework and generate the greatest number of sanctions.

Anti-corruption practitioners know, perhaps now more than ever, that third-party relationships represent one of the primary areas of risk for potential violations of the global regulatory framework and generate the greatest number of sanctions. A business agent who pays a bribe to a government official in order to incentivize that official to award a contract or take a favorable action for the benefit of the agent's principal is illustrative of this practice evident around the globe.