Bribery and Corruption
Don't be the last to know
The significant increase in foreign bribery and corruption exposure in the past 18 months, both in terms of the enforcement of anti-corruption legislation by prosecutors and regulators, and media attention, highlights the real need for action by Australian organisations.
It’s imperative that if an issue arises, you are not the last to know.
Bribery and Corruption Survey 2012
On 26 April 2012, Deloitte launched its inaugural Bribery and Corruption survey that covers Australian and New Zealand organisations across all sectors, public, private and not for profit.
The findings confirm our experience that Australian and New Zealand organisations are encountering bribery and corruption events and challenges which many are ill-equipped to identify, manage and, most importantly, prevent.
The results are now available for download. Please click on the icon below to obtain a copy of the report:
With this report, we not only provide a summary of our survey results, but also present the views of regulatory bodies, Transparency International and industry experts.
Below is a link to a short video setting out the background and key findings of the survey:
Look before you leap – Navigating risks in emerging markets
Deloitte Financial Advisory Services LLP’s fifth annual Look Before You Leap survey solicited the views of 126 business executives on the approaches their companies are taking to address compliance and integrity-related risks in emerging markets.
The results are now available for download. Please click on the icon below to obtain a copy of the report:
Click here to get a copy of the report.
Transparency International (TI) - Corruption Perceptions Index 2011
TI’s Corruption Perceptions Index is used to rank countries/territories based on the perception of corruption within their public sector. Use the following link to TI’s website to ascertain if any of your organisation’s offshore operations are based in high risk locations:
TI Corruption Perceptions Index 2011.
Related links
OECD
On 25 October the OECD released its Phase 3 Report on Implementing the OECD Anti-Bribery Convention In Australia. The report “evaluates and makes recommendations on Australia’s implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and the 2009 Recommendation of the Council for Further Combating Bribery of Foreign Public Officials in International Business Transactions.1"
Click here to access the OECD report
FCPA guidance – issued on 14 November 2012
The Department of Justice (DOJ) and Securities and Exchange Commission (SEC) recently released new Foreign Corrupt Practice Act (FCPA) guidance which includes increased clarity around definitions, insights, and expectations, and hypothetical do's and dont's to consider.
Click here to access the FCPA guidance.
1. PHASE 3 REPORT ON IMPLEMENTING THE OECD ANTI-BRIBERY CONVENTION IN AUSTRALIA October 2012.
Stay connected
Forensic Foresight TV
