RISK SCORING MODELS

Targeted assessment of corruption-related risks provides a comprehensive insight into the corruption risk profile based on a specified set of risk factors, thereby better informing the overall strategic decision-making process of the company. However, periodic entity-wide assessment needs to be supplemented with a risk scoring models integrated into day-to-day business activities that allow companies to manage the corruption risk in relation to each specific transactions, projects, activities, business associates, and personnel. Based on extensive experience, we help clients to build user-friendly risk scoring models that support cost-effective internal control systems. As a result, organisations protect their reputation, improve their bottom line and achieve their fiduciary and regulatory obligations.

ISO 37001

Transparency and trust are the building blocks of every organization’s credibility.

Nothing undermines the effectiveness of institutions and equitable business practices more than bribery. That’s why ISO 37001 exists. It is the International standard that provides organizations the platform to prevent, detect and address

bribery by:

• Adopting an anti-bribery policy

• Introducing oversight of anti-bribery compliance

• Training across all levels of staff

• Performing risk assessments and due diligence on projects and businesses

• Implementing financial and commercial controls

• Formalising reporting and investigation procedures.