How to Identify Facilitation Payments – An Audit Approach
Due to the ambiguity of the definition and lack of tailored training, even with policies and reporting mechanisms in place, reports of facilitation payments may be non-existent. However, that does […]
Release of the OECD Working Group on Bribery – Phase 4
The OECD Working Group on Bribery released their Phase 4 report on Denmark, highlighting achievements and concerns. We’re proud to be mentioned in the report as a positive initiative. Read […]
Is the future of bribery in cryptocurrency?
As the name implies, cryptocurrency is a digital currency which uses encryption to verify transactions. Therefore, advanced coding is involved in both storing and transmitting cryptocurrency data between wallets and […]
The fight of China against its history of corruption
A History with Corruption In Asia, it is common to use personal connections to get ahead, such as skipping lines or get better access to public facilities. How much you […]
The Inseparability of War and Corruption
War and corruption are inseparable. Half of the countries in the bottom quartile of the Corruption Perception Index are involved in conflict. And there are many reasons to speculate on why that […]
Brazil: Corruption, Bribery and Facilitation Payments
A History with Corruption Brazil struggles with corruption, as it poses an impediment to economic development, social equality, and justice. In 2014, Operation Carwash (or Operação Lava Jato, in Portuguese) exposed one of […]
Are facilitation payments the cost of doing business?
Some countries do not consider facilitation payments as bribes. As long as these are not made to earn or keep business, or to create an undue advantage over another company […]
Are facilitation payments bribes?
An agent from another country may ask you for extra money to process paperwork. A border patrol officer may ask for a favor to allow your shipment to entry a country faster. Or even so, an employee from the Department of Motor Vehicles may be willing to give your renewed driver’s license without the need for examinations, as long as you give them a gift.