Top level commitment is foundational to creating a culture of integrity that rejects bribery and corruption. Learn how leaders in your business can demonstrate commitment to anti-bribery and corruption. Access resources that will support your business to set the “tone from the top” by developing a culture of compliance and day to day business conduct that meets anti-bribery laws and societal expectations.
Part of Austrade’s “Guide to exporting”, this comprehensive resource offers headline points that all Australian businesses must be aware of when seeking to prevent corruption in their overseas operations. It links to a detailed guide with 12-steps to an effective anti-bribery and corruption program, and provides country-specific information for India and Vietnam.
The financial sector has had some of the highest profile instances of incentive systems creating poor behaviour. In response, the Financial Stability Forum has articulated nine principles for sound compensation practices. The principles are designed for financial firms, but are applicable across all industries.
Articulate company commitments and expectations by setting an anti-bribery and corruption (ABC) statement of intention. This resource suggests language and key points to include in an ABC statement of intention to support companies to communicate to internal and external stakeholders. This resource is provided as part of the Australian Government’s broader anti-bribery materials.
This article identifies key global impacts of corruption, including its effect on healthcare outcomes, education and on women, children and the world's poor. It explains how aligning anti-corruption strategies with the United Nations Sustainable Development Goals, can support business to promote the five pillars of sustainable development: people, planet, prosperity, peace, and partnerships.
Foreign bribery results in an inefficient allocation of resources and economic distortions. It is also a threat to democracy, corrosive of good governance and an impediment to economic development. This fact sheet provides information about the consequences for individuals and companies who bribe or attempt to bribe and the broader, far-reaching effects of foreign bribery on democratic institutions and governmental stability.
This resource offers a road map for better corporate practice on anti-corruption disclosures. It demonstrates the business case for advancing corporate governance and transparency. Direction is provided for disclosure across five high risk areas. It responds to some of the legal challenges that might inhibit a business from disclosing information.
Support the delivery of an effective compliance program by ensuring business leaders and senior managers demonstrate commitment to compliance programs. This resource discusses the importance of setting the tone from the top and identifies practical steps to demonstrate top level commitment and build a culture of compliance. This webpage is available in three languages: English, Spanish and Portuguese.
Good corporate governance promotes investor confidence. This document sets out recommended corporate governance practices for entities listed on the ASX, including how to lay solid foundations for management and oversight and suggested content for anti-bribery and corruption policies. It also includes guidance on how to approach corporate governance disclosures.
Remuneration and promotion structures are one of the most powerful ways that companies communicate their values and priorities to staff. Section nine of the Austrade guide gives a simple overview of how compliance, risk management and ethical behavior can be reinforced through incentive structures (and how the wrong behaviors can also be reinforced).