<img src="https://certify.alexametrics.com/atrk.gif?account=b2hlr1ah9W20em" style="display:none" height="1" width="1" alt="">
    Get started

    red flags of bribery and corruptionSince the passage of the United Nations Convention Against Corruption back in October 2003, the 9th December has annually been marked as International Anti-Corruption Day.

    As part of this year's efforts, the United Nations Office on Drugs and Crime (UNODC) and the United Nations Development Programme (UNDP) have joined forces to develop a global campaign, which focuses on highlighting how corruption can affect everyone and anyone worldwide, through education, health, justice, and democracy.

     View our trainer's handbook on how to do business without bribery

    red flags to spot bribery and corruptionDespite the introduction of the UK Bribery Act 2010, there is still an estimated $1 trillion being paid in bribes each year, according to the United Nations. Sadly, it is the most vulnerable members of society who fall victim to corruption the most.

    So, in honour of International Anti-Corruption Day, we thought we would give you some top tips on how to spot the red flags of bribery and corruption in your workplace.

    Read these top tips to make sure you can identify acts of bribery and corruption:

    1. Purchasing unnecessary or inappropriate items - This can indicate that there is a corrupt relationship between an employee and the supplier or contractor. Be alert for items of large quantities, particularly if there is no visible need for such items.
    2. Questionable invoices - For example, are invoices submitted without any supporting red flags to spot bribery and corruptiondocumentation? Do the invoices appear unprofessional and/or unmarked? Always look for a pattern of questionable invoices - This can indicate that the invoices are being used to fund bribe payments.
    3. Continued acceptance of poor quality goods - If this is happening even after compliants have been made, this could be a strong indicator for corruption.
    4. Conflict of Interest - Does an employee have a personal or economic interest in a particular transaction?
    5. Unqualified third party - Look out for signs of corruption if the third party your company is dealing with seems unqualified for the job he/she is contracted to perform.
    6. Travel and Expenses - Incomplete travel and expenses forms can indicate that they are being used to obtain money for improper payments.

    Leave a comment


    eBook: Essential Uncovered

    Skillcast Essentials is our best-selling library and there's a reason for that. Essentials library provides comprehensive coverage of the key compliance / conduct issues that companies in the UK face today.

    Request now

    How to use storytelling in compliance training for maximum impact

    Stories help us to connect with people and the world around us. They have the power to  engage us in a way simple narratives just can't. And we remember stories. I'll bet you still remember your ...

    Read More
    5 ways to fire up a culture of compliance

    Any company's biggest risk to attaining and maintaining full compliance with laws and regulations is the conduct of its people - we call this the people dimension of compliance. And against this ...

    Read More
    6 traits of effective compliance officers

    Protecting the ethical integrity of a company is the heart of the compliance officer’s role. And as regulators continue to clamp down on misconduct with higher fines, compliance officers are under ...

    Read More
    New infographic reveals a lack of transparency about political engagements

    Nearly three quarters of companies are failing to disclose how they engage with politicians, according to a new report by Transparency International UK. The 2018 Corporate Political Engagement Index ...

    Read More