Gift or bribe: where is the borderline?
A gift means any item (e.g., money, consumer electronics) or intangible assets (e.g., services, discounts) the one provides free of charge or below market value. In our politics, there were cases when a discount for buying an apartment was considered a gift. Read More
The demand of the Ukrainian business for integrity has been growing for several consecutive years, with the perception of compliance gradually changing – from a bureaucratic function to a full-scale driver of change, in processes and approaches.
Over the last year, the number of fraud and corruption incidents in the world has significantly increased. The Kroll Global Fraud Report-2019 cites 84% of CEOs having been exposed to at least one fraud incident during the last year. Such incidents significantly affected employee safety (82%), revenue or business continuity processes (78%), reputation (65%), and government relations (65%) of the surveyed companies. Simultaneously, Kroll commends the improvements in the efforts of governments and companies in identifying and resolving such issues… Read More
UNIC is pleased to invite you to the Business Integrity Week that will be held from 20 until 24 May 2019 in Kyiv and Lviv.
In May 2019, the Ukrainian Network of Integrity and Compliance (UNIC) together with the United Nations Development Programme (UNDP) in Ukraine launched a series of annual events in the framework of the Business Integrity Week (the BIW) to engage business community, state authorities, civil society, business associations, educational institutions and media to promote business integrity in Ukraine. Read More
In my previous post, I shared my views on contribution of culture towards promotion of compliance. Now I would like to elaborate on this topic further, and share with you the results of some social psychology theories and experiments together with my views on how it might contribute to promotion and development of ethics and compliance in our business and society. Read More
We continue a series of posts called “Compliance Profession: The View from the Inside”. These are the interviews with known professionals in the area of corporate ethics and compliance who share interesting aspects of their work, ideas, views and useful materials.
Our today’s guest is Ario Dehghani. He came to Ukraine from Germany… Read More
In my previous posts, I have been musing about corruption and compliance in Sweden. Being impressed with what the Swedish Anti-Corruption Institute - the Institutet Mot Mutor (IMM) does in terms of promotion of compliance, I decided to ask Natali Phalén, the head of the IMM, to find out more about compliance culture in which the Swedish companies operate. Interested? Keep reading. Read More
In business, before starting any cooperation, it is necessary to carefully feel out the situation on many fronts. One option is to make sure that your potential partner is not under sanctions. After all, if s/he turns out to be, for example, on the list of the United States Department of State, the road to this country will be closed to your company. Cooperation with “offshore” firms can also tarnish your reputation a bit. And sometimes it happens that a bubble company, with which you have started cooperating out of negligence, after its disclosure, will drag you into a reputational pit too. Read More
“All life is risk management, not risk exclusion.” These words belong to an outstanding man – Walter Riston, one of the most influential bankers in the world, the former head of the large international financial conglomerate “Citicorp”. Read More
I decided to write this post to share my thoughts on how the compliance evolved in recent years and what it is becoming under the influence of technology. Read More
I. Intro. In October 2018, as I attended the International Bar Association’s (IBA) Annual Conference, I came across a discussion on the Rule of Law (Ukraine’s equivalent is the principle of the Supremacy of Law, which I believe is not much admired in practice,). During Opening Ceremony, which took place in a charming brand new conference center La Nuvola in Rome, the IBA President Martin Solc emphasized: “As guardians of the Rule of Law, lawyers understand when it is suppressed and forgotten. Society falls under the uncontrollable Rule of Individuals with vested interests and ultimately, dictators.” Read More