Integrity Compliance Service

Integrity compliance is increasingly a major issue for the investor and business community. The World Bank Group and related multilateral financial institutions (MFIs) have strict integrity compliance and governance requirements which place obligations on those in receipt of funds.

A robust integrity compliance programme must address the following risks:

  • Bribery and corruption
  • Fraud
  • Collusion and coercion
  • Conflicts of interest
  • Obstructive practices
  • Theft

The penalties for an inadequate programme are high including debarment, cross-debarment, reputational damage, restricted access to finance and increased financing costs.

GoodCorporation clients in receipt World Bank or other MFI funds work with our Integrity Compliance Framework to:

  • Demonstrate that they have measured and evaluated their compliance and integrity risks
  • Have an appropriate integrity compliance action plan in place to mitigate risks
  • Have a system in place that meets international requirements

Our integrity compliance service involves:

  • Policy and procedure gap analysis (using the Integrity Compliance Framework)
  • Recommending pragmatic improvements
  • Preparing detailed implementation plans
  • Support to the implementation programme (governance, risk assessment, policy drafting, procedure design, due diligence processes, training…)
Contact us for further information.