Global commitments to combating corruption

and enhanced cooperation by international law enforcement agencies have increased the pressure

on companies to mitigate fraud, bribery and corruption risks. While many businesses have made significant progress in tackling these issues, there remains a persistent level of unethical conduct.

Boards need to be aware that regulators are

enforcing anti-corruption legislation with vigor, and

are increasingly focused on individual misconduct.

Boards must respond and confirm that they are doing enough to protect their business from these risks –

or both board members and their employees may

be held personally responsible for misconduct

under their watch.