Sunday 13 September 2015
KPMG survey: Compliance programs aren't reaching third-party risks
From The FCPA Blog –
“KPMG International recently released the results of its global anti-bribery and corruption survey in the report, Anti-Bribery and Corruption: Rising to the challenge in the age of globalization.
The report (available here in pdf) amplifies the growing bribery and corruption risks that third parties present and the challenges companies face in monitoring these intermediaries. It also examines companies’ lack of monitoring efforts in their own anti-bribery and corruption (ABC) compliance programs. And, it explores the compliance pressures organizations face as a growing number of governments have passed ABC regulations.”
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Labels:
bribery,
compliance,
corruption,
FCPA,
KPMG,
third party risk