3/2/16: PWC’s Global Economic Crime Survey 2016 paints a detailed picture of the state of global economic crime and the risk it poses not only to regulatory compliance but to a company’s bottom line and reputation. Overall, the picture is bleak, even though the study reports that most ‘traditional’ frauds including bribery and corruption have fallen somewhat since 2014 levels. That might seem positive, but other crimes including money laundering and cybercrime have remained the same or increased. PWC’s survey is broken down into multiple sections including one that drills down into the challenges of ethics and compliance.
