ME PoV Fall 2013 issue
Risk, why is it your problem?
Corruption, money laundering, tax evasion and sanctions
As businesses continue to face a challenging economic environment in most developed economies and are looking towards rapid-growth markets with potentially better prospects, they also face the risk of higher levels of bribery and corruption. The rising trend of cross-border regulatory action and the increasing focus of investors on governance and transparency have brought these risks into sharper perspective. Leading companies are responding with enhanced compliance and due diligence measures, robust internal audits, enhanced investigative capabilities, whistleblowing and leveraging off the latest data analytical tools. The precautionary adage: better safe than sorry, has never been more pertinent.