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Study: CCOs Struggle to Navigate Anti-Bribery Risks

Jaclyn Jaeger | May 18, 2015

Navigating global bribery and corruption risks continues to befuddle chief compliance officers, many of whom still struggle to implement a global strategy for anti-bribery compliance, according to the findings from the 2015 Anti-Bribery and Corruption Benchmarking Report, a joint effort between Compliance Week and Kroll Advisory Solutions.

The report aims to give compliance officers a comprehensive view of the types of “ABC” (anti-bribery and corruption) risks they face, the resources available to mitigate them, and how those resources can be implemented into compliance programs.

For the second year in a row, the report asked respondents what types of misconduct qualify as “corrupt behavior” that the chief compliance officer is responsible for policing. Aside from bribery, respondents cited money-laundering (61 percent), bid-rigging (60 percent), and price-fixing (56...

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