The AACI Blog Page - The American Anti-Corruption Institute (AACI)

24 Mar

CACM Review Course and Exam: May 25-29, 2023, Via Zoom

Posted by The AACI CACM, Certification, Governance, Internal Control, Leadership, Membership, Online Exam, Principles of Fighting Corruption

Technical Staff March 24, 2023 Attention all professionals interested in preventing corruption intelligently and becoming Certified Anti-Corruption Manager (CACM)! The American Anti-Corruption Institute (AACI) is excited to announce a 5-day intensive CACM review course and exam via Zoom in Beirut – Lebanon, from May 25 – 29, 2023. The CACM […]

21 Mar

Banks Failure: The Rebuttable Presumption of Fraud

Posted by The AACI Accountability, Governance, Leadership, Opinions, The AACI's View, Transparency, Types of Fraud and Corruption

Technical Staff March 21, 2023 Earlier this month, the failures of Silicon Valley Bank and Signature Bank caused widespread fear and concern in both local and global markets. However, timely government intervention helped maintain public confidence in financial institutions and capital markets, preventing further damage. There are both monetary and […]

17 Mar

Credit Suisse Troubles and Scandals: 2002 – 2023

Posted by The AACI Accountability, Ethics, FinCEN Files, Governance, Internal Control, Opinions, Principles of Fighting Corruption, The AACI's View, US State Department

Technical Staff March 17, 2023 On March 14, 2023, the Daily Mail reported that Credit Suisse had acknowledged the existence of ‘material weaknesses’ in its financial reporting controls while also grappling with $120 billion in customer withdrawals resulting from a series of scandals, which have caused the bank’s shares to […]

09 Mar

Building a Culture of Integrity and Ethical Behavior in Companies.

Posted by Mike Masoud Accountability, Business Ethics, Governance, Leadership, Opinions, Transparency, whistleblowing

Mike J. Masoud, CACM, CFE, MBA March 9, 2023 Once upon a time, in a distant land, a company was known for its high ethical standards and solid values. The company had a stellar reputation in the community, and people looked to it as a role model for other businesses […]

08 Mar

Corruption Prevention Strategies: The Role of Regular Risk Assessments

Posted by The AACI Business Ethics, Conflicts of interest, Ethics, Governance, Internal Control, Opinions

Organizations must assess corruption risks regularly to identify potential vulnerabilities, implement appropriate preventive measures, and ensure that their systems and controls are robust and effective. Failure to do so can have serious consequences, including legal and reputational damage, financial loss, and a loss of stakeholder trust and confidence.

24 Feb

From Board Dominance to Ethical Excellence: The Role of Regulators and Customers

Posted by The AACI Ethics, Governance, Internal Control, Leadership

Technical Staff February 24, 2023 Effective governance1 is critical for any company to thrive and succeed in today’s highly competitive business environment. A prominent and significant challenge boards of directors face is ensuring equal opportunities for all members to contribute to decision-making. Unfortunately, one or two directors dominate the board […]

21 Feb

Anti-Corruption Compliance Policy

Posted by The AACI Accountability, Business Ethics, Ethics, Governance, Human rights, Internal Control, Leadership, Opinions, Principles of Fighting Corruption, Transparency, whistleblowing

Technical Staff February 21, 2023 Anti-Corruption Compliance Policy Purpose This Anti-Corruption Compliance Policy provides guidelines for our organization to comply with the Anti-Corruption Policy. This policy is designed to prevent, deter, and detect corruption, fraud, and bribery within our organization and among its stakeholders. It also aims to bolster our […]