Businesses are under increasing pressure to ensure they have robust anti-bribery controls in place. But how can a company be sure their procedures are working or that a regulator would consider them adequate to prevent corruption? While most authorities have published guidance on their anti-bribery legislation, it remains for companies and their advisers to judge what is considered adequate. To assist with this judgement, GoodCorporation has developed an adequate procedures benchmark which ranks companies according to the percentage of anti-corruption controls judged to be effective during our assessments.
In this podcast, Leo Martin explains why the benchmark was developed, how companies use it, and how it can help strengthen anti-corruption programmes.