Posts

Why people commit white collar crimes (and how to stop them)

By Alice BrightSky First published on the FCPA blog We’ve all heard of them — the Bernie Madoffs and Michael Milkens whose cinematic crimes have painted our perception of white-collar criminality. However, while wrongdoers such as Madoff and Milken are rightly villainised for their misdeeds, their dramatic schemes tend to occlude the far more common Read more >

Corruption in SA – where do we stand?

First published on Polity.org.za The National Development Plan envisions zero tolerance for corruption in South Africa by the year 2030. With just over a decade to go, can a country that has a history of several high profile corruption cases break the cycle? This is a question asked by Rudi Kruger, GM of Governance, Risk Read more >

Lewis: Too few firms with good governance records

South Africa has some “excellent institutions”, such as the South African Reserve Bank, the National Treasury, financial regulators, the competition authorities, the JSE and the sophisticated justice system that are “keeping the country afloat”, said Corruption Watch executive director David Lewis, speaking at the Chartered Secretaries’ Premier Corporate Governance conference on Tuesday. Discussing the topic Read more >

KPMG: ABC compliance still a big challenge

KPMG released its latest global anti-bribery and corruption survey earlier in September. The report, titled Anti-Bribery and Corruption: Rising to the challenge in the age of globalization, analyses some of the key risks companies face when dealing with bribery and corruption. The survey was completed in October 2014. The auditing company polled 659 respondents around the Read more >

Gains, losses in SA anti-bribery compliance

The latest anti-corruption survey from law firm ENSafrica is out – this year 88 organisations, including ENS corporate clients, across Africa participated. In the latest ENSafrica survey, South Africa is named as one of eight corruption hotspots on the continent, based on the experiences of respondents. Image: ENSafrica. The survey, said ENSafrica in a statement, Read more >

Bribery and money-laundering are top business risks

Risk mitigation company Kroll, with Compliance Week, has released the 2015 Anti-Bribery and Corruption Report. First launched in 2011, the survey seeks to give professionals in the compliance field a wide-ranging insight into anti-bribery and anti-corruption programmes. According to the report, chief compliance officers (CCOs) can expect to take away “a comprehensive view of the Read more >

Non-compliance vs corruption – is there a difference?

By Lorraine Louw A lively debate about what constitutes corruption was held at the Public Service Commission’s centenary conference in Cape Town on 1 August. Integrity, said Ayanda Dlodlo, the deputy minister of public service and administration in the opening presentation of the breakaway session “The fight against corruption”, was more than simply the absence Read more >