Combating Bribery Risks at the Enterprise Level

Scott Moritz, Executive Director, Daylight Forensic & Advisory LLC

The surge in FCPA violations has created an unprecedented amount of information about bribery and how it works. We now understand the types of jobs that bribe payers tend to hold, the jurisdictions where they like to operate, their favorite industries, even the way they conceal their payments. 

So what can we do with that information? 

Scott Moritz, Executive Director at Daylight Forensic & Advisory, discusses the two critical components behind a meaningful bribery risk mitigation program:

• a comprehensive analysis of FCPA-related information in an effort to identify patterns and characteristics common to known bribe payers
• powerful technological tools designed to identify those patterns and characteristics within even the largest sets of vendor and third-party data

Applied correctly, programs like these can help multinationals identify pressing bribery vulnerabilities quickly and efficiently and allocate limited compliance resources to those third party payment recipients that represent the greatest risks.