Compliance is essential to avoiding corruption in value chains but it is still not the primary focus for many business owners, especially in emerging markets. As Director of Public Policy at the Society of Corporate Compliance and Ethics Corporate Joe Murphy explains, “Making sure your people do the right thing may just not seem as… Read More
In a worrying sign for Pakistan’s ability to attract and maintain foreign investment, two prominent manufacturers have announced recently that they are pulling out of the market, citing supply chain concerns including corruption. “Investors are the backbone of any country. Protection of their interests is an important duty of the market regulators,” noted Shariq Zaidi,… Read More
The word “compliance” in Pakistan took on a whole new meaning in 2014 when key Pakistani exports won tariff-free access to the massive European Union market. That new status, known as the Generalised System of Preferences plus (GSP+), is linked to the implementation of 27 international conventions including labor rights, sustainable development, and good governance…. Read More
“I see a great need of vendor supply chain training providers to run the show effectively. If we want growth, train the relevant person first” — Ayesha Muharram, Chief Internal Auditor and Country Compliance Officer, Glaxo Smith Kline. Lately it has become a requirement among multinational companies to comply with international anti-corruption laws such as U.S…. Read More
Moin Fudda, CIPE Country Director, Zafar Bkhtawari, President ICCI, Muhammad Ali, Chairman SECP, Andrew Wilson, CIPE Regional Director, and Olaf Kellerhoff, Resident Friedrich Naumann Stiftung (left to right) exchange views on the “Role of Private Sector in Combating Corruption” In Pakistan, private sector leaders have traditionally been largely reluctant to discuss one of the foremost… Read More