Risk assessments and anti-corruption compliance systems. The Basel Institute on Governance conducts risk assessments on the corruption exposure of internal departments and job functions, individual companies and entire business sectors. It advises companies on how to elaborate new or improve existing anti-corruption compliance systems. The Institute is available to certify compliance of a company’s anti-corruption policies, procedures, or entire anti-corruption system with applicable norms and standards. The Institute may upon request also officially act as a company’s compliance monitor.
The Institute acts as meta-certifier for the anti-corruption certification services of ETHIC Intelligence. The ETHIC Intelligence certification process is a voluntary step undertaken by any company that wishes to ensure that its integrity measures comply with international good practices. The Basel Institute on Governance has been selected to validate the ETHIC Intelligence's certification processes, both in terms of conceptualization as well as implementation. A second validation report and suggestions for the further development of the concept have been submitted to ETHIC Intelligence on May 2009.
Goal
To assist the private sector in setting up or improving anti-corruption compliance systems.
Services offered
- Risk assessment and benchmarking
- Development of anti-corruption compliance systems
- Compliance monitoring and certification
- Meta-certification
Methodology
- Risk analysis and review of processes
- Assisting in drafting codes of conduct and related policies
- Setting up help lines
- Elaborating training materials and case studies (e-learning and face-to-face)
- Train-the-trainers
Elements of Compliance Systems
- Code of conduct
- Detailed corporate anti-corruption policies (corporate directives)
- Internal system for reporting misconduct (help line)
- Mechanisms to detect corruption
- Internal and external communication policies
- Procedures to respond to actual incidents of corruption (emergency concept)
- Monitoring and evaluation processes
- Concept for the implementation and the roll out of the compliance system itself
- Training materials
- Train-the-trainers workshops