Unfortunately, corruption is a very real and ugly element of the world’s commercial and business environment. More-so in developing countries where poor governance standards and lax enforcement of laws, often encourages corruption by companies and individuals who put profit before the risk of prosecution.
Countries like the UK, USA and Australia have taken a tough stance towards corruption and law enforcement agencies have increased their pursuit of corruption cases, co-ordinating cross jurisdictional efforts to prosecute some major companies in recent times. Corruption can expose you and your company to prosecution, resulting in gaol sentences and punitive fines, as well as damaging your personal reputation and your companies corporate brand.
Our team all speak local languages and understand the cultural business practices of the Asian countries we operate in, allowing us to provide in-depth analysis of your company’s exposure to corruption, identifying areas of your business that pose a high risk of exposure to corruption whilst advising on best practices to minimise that risk.