ANTI-BRIBERY AND CORRUPTION

What is it?

Anti-Bribery and Corruption (ABC) practices are intended to eliminate practices of making payments, offering business courtesies, and granting anything of value (gifts, entertainment, hospitality, etc.) to public officials or authorities in order to influence their actions and get favors.  Corruption refers to the abuse of power for a personal gain.

 

Organizations are increasingly exposed to corruption risk as they expand through joint ventures, distributors, agents and mergers & acquisitions.  This may expose you to severe regulatory fines and penalties for noncompliance with anti-corruption legislations such as the US Foreign Corrupt Practices Act (FCPA), UK Bribery Act (UKBA) and a number of other domestic and international legislations.

 

What are our Anti-Bribery and Corruption services?

Mitigate your platform’s risk and protect your organization's reputation, while increasing your capacity to meet regulatory expectations for reliable programs and controls.  We can help you ensure platform will not be used for bribery and corruption activities with the following:

  • Manage your Third Party Risk

  • Evaluate the effectiveness of current ABC compliance programs

  • Conduct ABC Training

  • Conduct ABC due diligence before an acquisition

 

How does it work?

We will assess your risk exposure and offer customized advisory and next-generation technology to meet your needs.  We direct you toward technologies that are specifically designed for your operations.  Our Subject Matter Expertise encompasses the entire spectrum of bribery and corruption risks, and can help you lay out the strategy best suited for your platform.  That way we can offer you a menu of solutions that together can meet all your financial crime challenges.

 

We can also provide temporary staffing in the following cases:

  • Need for expertise in short term projects

  • Need for interim assistance for key staff and management

  • Workload increases that staff cannot manage

252 Nassau Street,

Princeton, New Jersey 08542

+1 (646) 492 -8816

info@ugrconsulting.com    

 

© 2019-2020 by Umbrella Global Risk Consulting LLC. All rights reserved

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