Compliance 101 Podcast Series, Episode 6: The Evolution of Bribery Laws and Your Bribery Questions Answered

Compliance 101 podcast series, episode 6: The evolution of bribery laws and your bribery questions answered

Over the past few weeks, we have devoted our Compliance 101 podcast series to the topic of bribery. In the final episode of our anti-bribery series, Director of Learning and Content Nick Henderson considers the evolution of bribery laws and answers some of the bribery compliance questions you have been sending in. The questions Nick answers cover facilitation payments, how those who commit bribery are caught and more.

VinciWorks anti-bribery compliance solution

The legal, ethical and reputational risk of bribery is real. Billions in fines are levied every year and frequent reports of investigations and prosecutions from regulating authorities across the world hit the headlines. To truly ensure your organisation has the right defences in place in case of a breach, you must do more than simply enrol your staff in one-off click-through courses. Further, businesses that track gifts and hospitality via long PDF and Excel forms will struggle to ensure any necessary further action is taken.

VinciWorks’ anti-bribery compliance suite offers personalised, in-depth training for all staff and a robust, centralised gifts and hospitality reporting tool.

How are you managing your GDPR compliance requirements?

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”