ARCHIVED CONTENT
You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.Article extract from Michael Volkov on the Corruption, Crime and Compliance Blog
A compliance program is operational when its policies and procedures and its internal controls are implemented. In the anti-corruption compliance arena, the inquiry focuses on important controls relating to:
- Senior leadership support and communications;
- Periodic risk assessments;
- Foreign government interactions;
- Third-party risk management (e.g. agents, distributors, vendors, and suppliers);
- Gifts, meals, entertainment and travel;
- Charitable contributions;
- Training and certifications;
- Audits and monitoring programs; and
- Continuous improvement of the compliance program.
Read the complete article at Is Your Anti-Corruption Compliance Program “Operational”?