Fraud and corruption are significant threats to all organisations in every jurisdiction. Wherever a company operates, politics or the prevailing political climate defines the severity of corruption regulations and enforcement. Companies develop their policies based on their interpretations of local and international regulations and typically practise a balance between internal policies and existing business practices.
In order for a company to understand its full exposure to corruption risk and develop robust compliance frameworks, the three P’s should be examined together. With an abundance of international guidelines and many companies now operating in multiple jurisdictions with varying regulatory requirements, achieving a healthy balance can be a challenge.
We help identify risks associated with corruption in any African country, our wide understanding of how corruption works in Africa will be of help.