Articulate 360 Resources: anti bribery and corruption training

Friday, July 2, 2021

Free Anti-bribery and Corruption Course

Swift Online Compliance Training Courses: Bribery and Corruption Training. Global Anti-Bribery and Corruption (Basic) provides foundational training on when gifts, You can preview the entire course for free on request.

What is Bribery

Bribery is bribery with an improper object. It is not about paying for a service or a product. The goal is to corrupt the other person by offering him a benefit. This benefit could be anything from money to simply making sure a contract is done properly. It is illegal and unethical in most countries of the world. What is Corruption Corruption is a type of graft, which is defined as improper use or abuse of power or authority to achieve an improper or unlawful end, by anyone. It is a sign of a weak system of law and practices or an inefficient administration. In most cases, corruption is done by people in power or authority in many ways.

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Thursday, June 10, 2021

Importance Of Anti-Bribery And Anti-Corruption Awareness During Induction Training

In this blog we will look at what bribery and corruption means and the importance of bribery and corruption during induction training.

What does bribery include?

Bribery is not limited but includes anything of value. It could be in the form of:

- Cash, equivalents of cash (gifts/ vouchers), stock, personal property, and assumption or absolution of a debt.

Political contributions.

- Charitable gifts – if a charity is made at the direct request of a government official or private business partner, it is an indirect bribe paid to acquire or maintain a business or to obtain or retain to secure the inappropriate business benefit.

- Internship awards or Job offers – offers to government officials (or their relatives) can present a risk of violating anti-bribery or anti-corruption laws regulations.

- Before making such offers, compliance must be consulted.

Why is anti-bribery and anti-corruption training important?

Best practices are designed to avoid bribery and corruption in organizations, so a company needs to apply them. Bribery and corruption are not only against the corporate principles, they are also illegal and can result in fines and penalties, including imprisonment and reputational damage, for both the employee and the company.