Anti-corruption compliance has received increased attention in recent years, and
this is likely to continue. Those unable to keep up to date with changing
demands risk facing investigations, fines and reputational damage.
Compliance systems, therefore, must be in place. MACCS works with companies to
ensure they have set up the necessary systems, answering questions including:
How exactly is your company going to handle facilitation payments?
Is it essential that everyone in the company be trained and what kind of
training do you need?
How are you going to ensure that
your agents and intermediaries (“Associated Persons” in the language of the UK Bribery Act) don't pay bribes on your behalf?
How do you convince middle management that an effective programme is a benefit
rather than a burden?
Should you set monetary limits on business gifts and hospitality?
What should a risk assessment consist of?
What information do you need to know about the people you do business with and
how do you obtain such information?
Even if they are technically and legally “clean”, what relationships do they have with the decision-makers in a particular