London Governance & Compliance Academy
Unearthing bribery and corruption in its myriad forms is an expanding sphere of activity within all financial organisations across every type of jurisdiction globally. The UN approximates that bribes amounting to $1 trillion are exchanged annually, with an additional $2 trillion squandered due to corruption. Based on PwC’s Global Economic Crime Survey (2022), 51% of […]
In essence, corruption is a broad term for misconduct in the workplace and the business. There are many types of corruption in business, and bribery is a form of corruption. This means bribery will always be corruption, but not all forms of corruption are bribery. Bribery and corruption are significant ethical breaches that can critically […]
A conflict of interest arises when an individual’s personal interests interfere, or have the potential to interfere, with their professional duties and responsibilities. In essence, it occurs when a personal gain could influence professional decision-making, potentially compromising the interests of other stakeholders. Conflicts of interest can have serious consequences, both for individuals and organisations. In […]
