[ap-intact] COMMENTARY: Companies worldwide should get tough on corruption this new year

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“[In 2015], I would urge companies to be more honest with themselves about the risks that corruption poses to their organizations. …. All signs point to greater enforcement—not less. It is no longer just the US Foreign Corrupt Practices Act…Canada and the UK have begun charging companies with bribing foreign officials. Emerging market governments are joining the fray, too. China’s corruption crackdown has been widely publicized, but Brazil’s new Clean Companies Act is positioned to make similar waves in that market, too. And governments aren’t the only ones putting corporate practices under a microscope; activists, investigative journalists and political organizations have tapped into the anti-corruption narrative as well.”

Read the full commentary by Greg Esslinger, Senior Managing Director for Compliance, Intelligence, Investigations, and Technology at Control Risks, the global risk consultancy, in Forbes. http://www.forbes.com/sites/riskmap/2014/12/29/next-year-get-tough-on-corruption/

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