Trade Finance Forum › Forums › Market Regulations › Compliance › How can trade finance businesses guarantee that they are complying with all of the anti-corruption rules and regulations? › Reply To: How can trade finance businesses guarantee that they are complying with all of the anti-corruption rules and regulations?
Compliance with regulations prohibiting bribery and corruption, as well as the reduction of the risk that these behaviours entail, remains one of the most significant obstacles that businesses must surmount, both in their home markets and in foreign ones. On a worldwide scale, we are seeing an increase in the number of nations that are enacting new anti-bribery and anti-corruption legislation that is both more complex and advanced, as well as more vigorous enforcement by government authorities. In the global battle against corruption, law enforcement organisations from various nations are increasingly working with one another. In addition, an increasing number of nations are mandating that individuals be held criminally responsible for bribery-related offences.