Anti-Bribery and Corruption Solutions
Designing, implementing and operationalising an effective Anti-Bribery and Corruption Program can be detailed and complex. Arctic Intelligence solutions provide a streamlined workflow to help businesses meet their compliance obligations with international anti-bribery and corruption standards.
Keep an eye on what happens beneath the surface of your business with our comprehensive Anti-Bribery and Corruption (ABC) solution
Anti-Bribery and Corruption - ABC
Arctic Intelligence's comprehensive Anti-Bribery and Corruption (ABC) solution helps to develop effective systems, procedures, and controls for minimising or mitigating risk exposures. Implementing and operationalising the Anti-Bribery and Corruption program requires tools and resources in order to conduct business with integrity coupled with a robust framework to monitor the effectiveness of Anti-Bribery and Corruption compliance.
Anti-Bribery Management Systems standard sets out the requirement for organisations to undertake bribery risk assessments to identify the bribery risks that might reasonably be anticipated based on the organisation and its context, including but not limited to the:
- Size and structure of the organisation;
- Locations and sectors in which the organisation operates;
- Nature, scale and complexity or the organisations activities and operations;
- Entities over which the organisation has control;
- Organisation's business associates;
- The nature and extent of interactions with public officials; and
- Applicable statutory, regulatory, contractual and professional obligations.
For more information on Anti-Bribery & Corruption visit our resource centre
ANTI-BRIBERY AND CORRUPTION
Technology tailored to support your needs
We have technology to support start-ups or newly regulated businesses, who do not have an established Anti-Bribery and Corruption program, and can benefit from an easy to follow, out of the box methodology.
This Anti-Bribery and Corruption platform is an enterprise wide risk assessment solution that includes a digitised risk assessment workflow, and board-level reporting and analytics.
Our technology also supports larger organisations with multiple numbers of assessment units, who may want to customise our base risk models or implement their own.
Compliance Gap Assessment
Arctic Intelligence has designed an assurance and audit workflow that is designed to manage the effectiveness of your organisation's bribery and corruption risk exposure.
The technology helps to conduct reviews to determine whether the control framework is fit-for-purpose and operating effectively. It is also important to identify any compliance gaps and opportunities for improvement and document key findings and observations, as well as, management actions to address deficiencies.
Industry Sectors Impacted by ABAC
Fraud, Bribery, Sanctions, Human Trafficking and Wildlife Trafficking extend far beyond those sectors regulated under AML laws • this represents an even larger total addressable market for enterprise•wide risk management software and services.
|Agriculture/Agribusiness||Government||Public Works Contracts|
|Automotive||Heavy Manufacturing||Real Estate and Property|
|Arms, Defence and Military||Industrial Engineering||Retail|
|Banking and Financial Services||Industrial Metals||Legal and Business Services|
|Biotechnology||Information & Communications||Support Services|
|Building and Construction||Information Technology||Telecommunications|
|Chemicals and Plastics||Light Manufacturing||Textiles, Clothing and Footwear|
|Civil Aerospace||Mining||Transportation and Storage|
|Consumer Services||Oil and Gas||Utilities|
|Education||Oil Equipment and Services||Waste Management|
|Electronic and Electrical||Pharmaceuticals & Healthcare||Fisheries and Forestry|
|Power Generation/Transmission||General Industries||Printing and Publishing|
|Global Hotel Chains||Professional Services|
Our partners are also developing content modules outside financial crime (i.e. climate risk, ESG, cyber) so the scope of the opportunity to expand into other non-financial crime risk domains into these and other Industry sectors and geographies is also significant.