Global Economic Crime Survey 2024—CEE findings
February 2025
PwC has launched Global Economic Crime Survey 2024 CEE edition, which analyses how boards and business leaders are addressing the economic crime risks their organisations navigate daily.
The report highlights a significant disparity between awareness and action. While executives recognise the significance of various economic crime risks, this hasn't consistently translated into robust preventative measures.
The report reveals:
All forms of fraud remain a persistent challenge. CEE respondents ranked customer and procurement fraud among the top three most disruptive economic crimes experienced by their companies in the past 24 months. 52% of CEE executives report that procurement fraud is a widespread concern in their country and most companies use some sort of data analytics for fraud detection vs 55% globally.
Businesses are aware of corruption yet lag in due diligence. Organisations are expected to proactively manage their entire ecosystem, from business partners and supply chains to possible internal misconduct, particularly with increased whistleblower protections. The report reveals that regular audits for third parties is an area often neglected. 40% of CEE organisations either don’t have a third-party risk management programme or don’t do any form of risk scoring as part of their programme vs 42% globally.
Businesses face growing scrutiny to uphold human rights through transparent, ethical supply chains, requiring proactive risk assessments and accountability to address issues like forced labor. 44% of CEE executives recognise assessing the risk of forced labour in their supply chain as a priority for their company vs 55% globally.
Geopolitical factors heavily influence international trade, leading governments to enforce strict export controls and sanctions to avoid penalties, reputational harm and operational disruptions, organisations must establish robust compliance programs to navigate these dynamic regulations. 39% are either not regularly testing their sanctions compliance programmes or are unsure if such testing occurs vs 28% globally.
Read more about the findings in the full report: here
Contact us
