Corruption is increasingly recognised not only as an offence in its own right, but as an enabler of fraud, illicit finance, organised crime and wider harm. In this on-demand anti-bribery and corruption webinar, experts from academia, Transparency International UK and football governance examine the UK Anti-Corruption Strategy and consider what its ambitions mean in practice for organisations.
The UK Anti-Corruption Strategy treats corruption as a broader governance, economic crime and societal issue. The panel explores why the strategy was needed, why sectors such as local government, charities, cultural institutions and football are receiving greater attention, and whether the proposed response matches the risks organisations face.
The discussion looks at the relationship between corruption, fraud and illicit finance. Rory Donaldson of Transparency International UK explains how bribery may facilitate organised and economic crime, and why fragmented information and limited intelligence sharing can make these connected threats harder to address.
The webinar also considers the integrity risks facing sport. Drawing on experience in football governance and financial crime, Frans discusses vulnerabilities including match fixing, money laundering, fraud, ownership structures, criminal infiltration, human trafficking and weak governance. The conversation highlights why sectors involving significant financial flows, cross-border activity and less mature controls may attract criminal exploitation.
A recurring theme is the need to move beyond a box-ticking approach. The speakers discuss the importance of understanding the specific corruption risks an organisation faces, aligning those risks with wider enterprise risk management and control frameworks, and creating channels through which concerns can be raised without retaliation.
The panel also considers how success should be measured. More prosecutions may indicate stronger enforcement rather than more corruption, while apparently positive figures may hide undetected activity. Meaningful measures should therefore connect anti-corruption activity to the public value or organisational outcome it is intended to protect.
Watch the anti-bribery and corruption webinar to hear perspectives from Katarina Pranich of LexisNexis Risk Solutions, Branislav from the University of Portsmouth, Rory Donaldson of Transparency International UK and Frans, a specialist in financial and economic crime and football governance.