6 Key Steps for Resetting Your Anti-Bribery/Anti-Corruption (ABAC) Program

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As multiple global disruptions threaten to derail economic growth, already-stretched compliance teams face the prospect of losing even more resources. But compliance risk is increasing, not abating, in this heightened climate of uncertainty — particularly from third parties engaging in improper activity. With companies under pressure to maintain business momentum, revenues and earnings, it’s a good time for compliance teams to hit the reset button on their third-party corruption risk management programs. Here are six key steps for accomplishing this.

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  • Establish an early view on risks
  • Identify and plug gaps in risk exposure
  • Connect your risk data

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