The private sector plays a pivotal role in fighting corruption worldwide. Transparency International’s Global Corruption Report 2009 documents in unique detail the many corruption risks for businesses, ranging from small entrepreneurs in Sub-Saharan Africa to multinationals from Europe and North America.
New anti-corruption laws and intensified law enforcement, in particular in OECD Member States, are motivating companies to implement sound anti-corruption compliance programmes. They will help reduce risk, but they may also serve as a business argument. Yet, companies are increasingly voicing the need for a harmonised approach to compliance. The OECD Guidance enacted in 2010 may well serve as a template for such a standard since it has been adopted by the Member States of the OECD by unanimity.
The Basel Institute is providing anti-corruption guidance services to SMEs as part of the UK government's pioneering Business Integrity Initiative.
Subsidised by the UK Department for International Development (DFID) for eligible SMEs, the guidance services are focused on:
- Anti-corruption compliance
- Corruption and bribery prevention
- Anti-corruption Collective Action
Find out more about the services and how to apply for support.