Canada - English

Details

  • Service: Advisory, Risk Consulting, Forensic
  • Type: Business and industry issue
  • Date: 9/14/2011

Anti-Bribery and Corruption Services 

Managing bribery and corruption risk around the world continues to take centre stage in corporate boardrooms. However in Canada, managing bribery and corruption risk has not assumed the importance and urgency seen in other jurisdictions.
Anti-Bribery and Corruption Services
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Many business leaders recognize the potential for significant reputational harm from public scandal; economic cost in the form of investigations, fines and penalties; and individual cost in the form of criminal prosecution. In KPMG’s Anti-Bribery and Corruption Survey (2010), we found that 7 of the 10 executives believe there are places in the world where business cannot be done without engaging in bribery and corrupt conduct. In addition, the results further indicate that despite greater awareness of the business and legal imperatives for well-developed AB&C compliance programs amongst respondents, many compliance programs lack sufficient depth and breadth to effectively mitigate AB&C risk around the world.
 

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