Bribery and corruption risks pose a significant threat to the economy, eroding trust and weakening key institutions. Anti-Bribery and Anti-corruption (ABAC) measures are critical for every organisation to ensure regulatory compliance as well as foster integrity, transparency and accountability within the business environment.
At PwC, we have anti-bribery and corruption professionals with global reach that will support your organisation in designing, implementing and monitoring effective and robust ABAC frameworks to prevent, detect and respond to bribery and corruption risks. Leveraging on our strong forensic and data analytics capabilities and extensive industry knowledge, we are well equipped to support you in protecting your reputation, complying with regulatory requirements, avoiding legal penalties and promoting accountability and transparency in your operations.
How we assist clients
- Risk Analysis and Gap Assessment
- ABAC Compliance Program Assessment
- ABAC Investigations
- Training Programmes
Risk Analysis and Gap Assessment
We assist in identifying bribery and corruption risks and corresponding control gaps, specific to the organisation's industry and operations. We will provide the relevant recommendations to enhance the control environment in light of the risk landscape, as well as implementation support, as required.
ABAC Compliance Program Assessment
We provide support in assessing the adequacy and effectiveness of the ABAC program in place across key components including governance, policy framework, processes, technology and people. We evaluate the program against the organisation risk landscape, applicable regulatory requirements and international standards.
ABAC Investigations
We assist in conducting investigations into alleged acts of bribery and corruption in an organisation and help develop and implement remediation plans to address identified issues.
Training Programmes
We provide training to employees, management and third parties, as well as enhance existing training programs, to equip key stakeholders with relevant knowledge and an awareness of the existing risks, the ABAC mitigation measures in place and their role implementing these measures.
