Anti-corruption compliance
Our anti-corruption compliance service aims to help companies operating in Vietnam comply with international and local regulations in the fight against corruption. We offer comprehensive solutions including risk assessment, policy and procedure implementation, training, and continuous monitoring to ensure optimal compliance.
Key International Law Texts
- United Nations Convention against Corruption (UNCAC): Adopted in 2003, it provides a global framework for the prevention, criminalization, and international cooperation in the fight against corruption.
- United States Foreign Corrupt Practices Act (FCPA): Enacted in 1977, it criminalizes the bribery of foreign officials by American companies and imposes accounting and record-keeping obligations.
- UK Bribery Act 2010: This law goes beyond the FCPA by criminalizing not only active bribery but also accepting bribes and imposes strict obligations on companies to prevent corruption.
- Sapin II Law (France): Adopted in 2016, it requires large companies to implement an anti-corruption compliance program, including risk mapping and training.
Our Anti-Corruption Compliance Services Include
- Risk Assessment: We conduct a comprehensive analysis of corruption risks specific to your sector and operations in Vietnam.
- Policies and Procedures: We help develop and implement robust anti-corruption policies, including codes of conduct, whistleblowing protocols, and internal controls.
- Ongoing Compliance: We provide monitoring services to ensure your policies remain compliant with legislative changes and international best practices.
- Awareness Sessions: We offer regular training programs for employees at all levels to raise awareness of corruption risks and legal obligations.
- Specialized Workshops: We provide intensive training for compliance officers, senior management, and employees in high-risk departments.
- Online Training: We offer accessible online training modules to ensure comprehensive and continuous coverage.
Why Is It Important?
- Reduction of Legal Risks: By complying with international regulations, companies reduce the risk of severe sanctions, fines, and legal proceedings.
- Reputation and Trust: A zero-tolerance policy against corruption strengthens the company’s reputation and trust among partners, customers, and investors.
- Operational Efficiency: Rigorous compliance practices lead to more efficient and transparent management, reducing financial losses due to corruption.
- Access to International Markets: Compliance with anti-corruption laws is often a prerequisite for accessing certain international markets or securing funding from foreign institutions.
Our anti-corruption compliance service is designed to help companies in Vietnam navigate the complex landscape of international laws and regulations. By implementing robust policies and procedures, offering specialized training, and ensuring ongoing compliance, we help companies minimize corruption risks and maximize their efficiency and reputation in the global market.
