Holiday Gift or Bribe? When to Draw the Governance and Compliance Line
In the Governance, Risk, and Compliance (GRC) industry, ethical corporate gift-giving is crucial to uphold integrity and adhere to global anti-corruption laws. Employees must navigate complex regulatory frameworks and cultural nuances to ensure their actions align with both local customs and international legal standards. A Snapshot of a Few Global Laws Governing Gift-Giving: UK Bribery Act 2010: This Act—which set the international benchmark for the future of compliance—criminalizes ...