Compliance Communications Blog

"What about those Third Parties"



6/30/15: The 2015 Anti-Bribery and Corruption Benchmarking Report offers welcomed insight into the headaches afflicting today’s compliance professionals as they avoid the damages of corruption and bribery. The report, a collaboration of Kroll and Compliance Week, contains some sobering numbers, especially...related to the acknowledged corruption risk posed by third parties. Here’s a nugget that goes straight to the problem: nearly half of respondents admit they never conduct third-party training on anti-bribery topics even though those compliance officers say that third party compliance is a growing risk for their organizations – chilling contradictions between what is known and what is done.

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