SAI Global Partners with OCEG and Compliance Week on Anticorruption Risk Series

PLAINSBORO, N.J., Jan. 3, 2012 /PRNewswire/ -- SAI Global Compliance, in conjunction with other OCEG Leadership Council members, today released the first of a multi-part illustrated series on bribery and corruption risk management.  The focus of the series centers on the 'how to,' i.e. the business processes that can both build organizational integrity and help mitigate the risks presented by bribery and corruption, specifically the FCPA and UK Bribery Act.

The series illustrates the key aspects of an effective anticorruption program using graphics and a step-by-step approach.  Today's release of the first in the series, "Managing Corruption Risk," will be followed by illustrated guides on "Performing Third Party Due Diligence" and "Identifying and Resolving Issues."  Each of these guides will be published as inserts in Compliance Week and are co-developed and co-sponsored by SAI Global.

"Managing Corruption Risk" provides compliance, audit, legal and risk officers with an easy to follow, step by step guide that can help answer questions about risk assessments, defining program elements and ownership of each, tone at the top and instilling the right tone into corporate culture, how to establish quick wins for an anticorruption program, and the use of technology.

Jim Slavin, JD, CCEP, Senior Director Advisory Services and key contributor to "Managing Corruption Risk," specifically commented on the need for tone at the top by stating, "The concrete steps that leadership takes must exhibit to employees that they are willing to walk away from deals requiring bribes; that anyone, regardless of their previous contributions or stature, will be fired for unethical behavior, and that the CEO's commitment to profitability does not overshadow his commitment to ethical behavior."  Slavin went on to comment on the added responsibility to follow up on reports of suspected wrongdoing by stating, "Reports must be promptly investigated, and substantiated wrongdoing handled accordingly.  Importantly, leadership must establish, and nurture, an atmosphere of absolute non-retaliation against whistleblowers who report wrongdoing."

The "Managing Corruption Risk" illustrated guide can be downloaded on SAI Global's website: www.saiglobal.com/compliance/resources/whitepapers/managing-corruption-risk.htm

SAI Global's anticorruption solution, supported by both expert advisory services and supporting technology, includes risk assessments; Code of Conduct review, design and development; automated due diligence questionnaires and a process to manage both onboarding and continuing third party review and compliance; anticorruption training and awareness; hotline; case management; Registry and policy management.  Contact Bill Hauserman, Sr Vice President Bribery & Corruption Risk Management, for a demo: [email protected], phone (781) 398-3533.

About SAI Global

SAI Global provides organizations with a wide range of governance, risk and compliance (GRC) products, solutions and services that help build organizational integrity and meet overall business objectives. With more than twenty-five years experience and offices in more than 25 countries, SAI Global's solutions include a wide range of GRC products and services include risk and culture assessments, a full range of advisory services, best practice Code of Conduct program development and review, whistleblowing hotline services, compliance and ethics training and awareness, regulatory knowledge, policy management, case management, third party compliance management including automated due diligence workflow and management, and GRC platforms to enhance the power and value of a compliance risk management business process. www.saiglobal.com/compliance

Media Inquiries

Tia Smallwood, Sr Vice President Global Marketing, SAI Global, [email protected], phone (609) 955-5135.

SOURCE SAI Global Compliance