Anti-Bribery and Corruption Compliance: An Introduction

This podcast episode introduces anti-bribery and corruption (ABC) compliance, explaining its legal basis in frameworks like the Foreign Corrupt Practices Act and the OECD Anti-Bribery Convention. It highlights the importance of establishing robust ABC programs through policy development, employee training, and effective reporting mechanisms. The episode also underscores the significance of leadership in fostering a culture of ethical conduct and discusses emerging trends such as third-party risk management and the use of technology in compliance. Finally, it stresses the severe reputational and financial consequences of failing to maintain ABC compliance.