Paula Davis discusses why a risk assessment is the starting point for your anti-bribery programme.
Under the UK Bribery Act, Adequate Procedures will only be sufficient defence against the new corporate crime of failing to prevent bribery if they are aligned with the specific risks impacting your business. A tick-box approach will not protect you from the potentially very severe penalties for businesses prosecuted under the new legislation. This commentary discusses the vital role a risk assessment plays in defining your anti-bribery anti-corruption programme and gives some practical advice on key considerations for doing it effectively.
About Paula Davis
Paula Davis is global head of client services for SAI Global Compliance. Paula has over 15 years experience of developing and managing effective compliance, risk and ethics programmes in complex and geographically diverse blue chip organisations. Paula’s extensive personal experience includes assisting multi-nationals with the strategic planning, implementation and evaluation of tailored compliance and ethics programmes. Paula is a regular speaker at conferences in Europe and the USA across a wide range of risk areas.
