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

27 Nov

OECD Anti-Bribery Convention: Driving Global Integrity

Posted by The AACI Accountability, Business Ethics, Conflicts of interest, Costs of Corruption, Governance, Human rights, Internal Control, Leadership, Transparency

Technical StaffNovember 27, 2024 5 Key Takeaways: 1. Corruption undermines markets and governance: Bribery distorts competition, erodes trust, and weakens public institutions. 2. A shared global commitment: The OECD Anti-Bribery Convention unites nations to combat bribery in international business transactions. 3. Practical tools for prevention: The Convention provides actionable frameworks […]

15 Nov

Understanding Cyber Scams: Protecting Citizens and Businesses

Posted by Mike Masoud Artificial Intelligence (AI), Costs of Corruption, Governance, Human rights, Opinions, Types of Fraud and Corruption

Mike J. MasoudNovember 15, 2024 Overview of Major Cyber Scams 1. Identity Theft: A prevalent scam involving unauthorized access to personal information, often leading to financial losses or reputation damage. Scammers use phishing, data breaches, or social engineering to obtain sensitive data. In 2023, identity theft accounted for significant portions […]

23 Oct

Fraud and Corruption: A Risk No Business Can Afford to Ignore

Posted by The AACI Accountability, Costs of Corruption, Governance, Internal Control, Opinions, Transparency, Types of Fraud and Corruption

Technical StaffOctober 23, 2024 Key Takeaways 1. Fraud and corruption can happen in any business: No company, regardless of size or structure, is immune. 2. Financial, reputational, and operational damages are real risks: Ignoring corruption exposes businesses to severe consequences. 3. Investment in fraud and corruption prevention is essential: Proactive […]

16 Oct

Top Management Integrity: The Hidden Business Risk

Posted by The AACI Accountability, Business Ethics, Conflicts of interest, Costs of Corruption, Ethics, Governance, Leadership, Opinions, Principles of Fighting Corruption, Standards on Fighting Corruptin (SFC), Transparency, whistleblowing

Technical Staff;October 15, 2024 Takeaways 1. The integrity of top management is directly linked to corruption and fraud risks, which are significant business risks. 2. Stakeholders must actively monitor management’s ethical commitment and follow company news to ensure transparency and accountability. 3. Red flags, such as a lack of transparency, […]

09 Oct

The Significance of Anti-Corruption for Small and Medium Enterprises (SMEs)

Posted by Mike Masoud Accountability, Business Ethics, Conflicts of interest, Costs of Corruption, Ethics, Governance, Internal Control, Leadership, Opinions, Principles of Fighting Corruption, Standards on Fighting Corruptin (SFC), Transparency

October 9, 2024Mike J. Masoud Corruption can devastate any business, but its impact is often more severe for small and medium enterprises (SMEs). Unlike large corporations, which may have the resources to recover from a scandal, SMEs are far more vulnerable to the financial and reputational damages caused by fraud […]

07 Oct

Mastering FCPA Compliance Amid Rising Global Enforcement

Posted by The AACI Accountability, Ethics, Governance, Internal Control, Leadership, Opinions, Transparency, whistleblowing

Technical StaffOctober 7, 2024 In today’s interconnected global economy, businesses face an increasingly complex landscape of anti-corruption regulations. At the forefront of these regulations is the Foreign Corrupt Practices Act (FCPA), a U.S. law with far-reaching implications for companies operating internationally. As we move through 2024, the importance of robust […]

30 Sep

The Edge: Anti-Corruption Podcast Series – Season 1 Overview: A Comprehensive Guide to Combating Corruption

Posted by The AACI Academia, Accountability, CACE, CACF, CACM, Certification, Conflicts of interest, Costs of Corruption, Ethics, Governance, Human rights, Internal Control, Leadership, Opinions, Principles of Fighting Corruption, Standards on Fighting Corruptin (SFC), Transparency, Types of Fraud and Corruption, whistleblowing

Technical Staff; September 30, 2024 The American Anti-Corruption Institute (AACI) is proud to have concluded the first season of The Edge: Anti-Corruption podcast series, featuring 28 insightful episodes that delve into the multifaceted issue of corruption. This series is designed to equip listeners with essential knowledge and practical tools to fight corruption […]