Ethical Alliance – Newsletter

ethiXbase Insights

Whitepaper: Anti-Bribery and Corruption Sentiment on a Global Scale

The eBook will help you get up to speed on: 

  • NGO campaigning actions and sentiment driving anti-bribery and corruption legislation
  • Developments that compliance teams need to have on their radar 
  • Guidance on how to prepare for new legislation
  • How ethiXbase can help your organisation successfully implement effective risk and compliance programs.

Third-party risk management: why transparent company data creates defensibility

Did you know that almost 90% of Foreign Corrupt Practices Act (FCPA) enforcement actions in the past 40 or so years have been linked to third-party misconduct?According to anti-corruption watchdog Transparency International, third parties and intermediaries, are “the single greatest are of bribery risks for companies”. In an ever-changing globalised world with complex supply chains, third-parties play an important key to the success of an organisation – but can also play a part in their downfall if not handled correctly.

Incorporating insights and expert knowledge gives Anglicare confidence in mitigating risks

When presented with the challenge of modern slavery reporting, Anglicare, a renowned Australian aged care and community service organisation, turned to ethiXbase to help them shortlist suppliers who comply with Australian modern slavery guidelines and legislation. Anglicare was in need of a new compliance solution to identify, mitigate and manage modern slavery risk in their supply chain, and partnered with ethiXbase to establish their approach to modern slavery reporting through ethiXbase’s Modern Slavery Questionnaire.

Editor’s Selection

Europe: Russia slaps sanctions on 398 members of US Congress

Russia said on Wednesday it had introduced sanctions against 398 members of the US Congress in retaliation against Washington’s punitive measures over Ukraine and said more sanctions would follow.

China has arrested the former Communist Party boss of Hangzhou city on suspicion of taking bribes, the latest development in a case that has been linked to Mr Jack Ma’s Ant Group. The decision to arrest Zhou Jiangyong was announced on Friday.

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Europe: Supply Chain Compliance Is About To Get A Whole Lot Tougher

In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards. There has been supply chain legislation before whose goal was focused on making sure various aspects of ESG performance were enforced by companies.

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Cryptoassets have “unleashed a plethora of financial innovation that will likely revolutionise the form of money and the ways it is used,” a recently published International Monetary Fund report said, but the multilateral lender cautioned that, without regulation, cryptoassets may also facilitate illicit capital flows.

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