Key Trends in Anti-Bribery & Anti-Corruption in 2022 & Beyond

While much of the world came to a stop in the face of the COVID-19 crisis, one thing that did not was corruption on a global scale. 

When 2019 ended, we bid farewell to another decade, but little did we know what the following year had in store for us. In a matter of months, the world was hit by a global pandemic, which still exists today. The COVID-19 outbreak brought about unprecedented events such as mass lockdowns, business closures, widespread job loss, and a reeling economy.

The pandemic also forced businesses to re-analyse their operations. In many countries, companies shifted to a more remote workforce; a trend that seems here to stay.  

Due to an acceleration in the digital transformation of businesses in the last few years, there has been a major push towards digital transactions and operations. This has amplified the need for compliance with Anti-Bribery and Anti-Corruption (ABAC) regulations across business in the world.

Download our latest insight-packed eBook to learn about the key ABAC trends we observed in 2021 and highlight what we can expect to see in 2022: 

The current landscape of Anti-Bribery & Anti-Corruption  

  • How the business world went digital 
  • Travel restrictions disrupted internal initiatives 
  • Economic pressures altered compliance priorities 
  • Remote work led to new cybersecurity issues 
  • COVID-19 created major supply chain disruptions 

Emerging ABAC trends in 2022 

  • Environmental, Social and Governance (ESG) initiatives will be on the rise 
  • Data governance and trust will be essential in ESG and beyond 
  • A lack of centralised regulations will create the need for enhanced due diligence 
  • Human rights and modern slavery actions will continue to be a priority   

To restore operations to normalcy and keep businesses running smoothly, companies were forced to look towards third-party logistics, freight, brokerage, and other service providers.

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Anti-Bribery & Corruptions Practices

Discover how ethiXbase draws on its deep domain experience in anti-bribery and corruption practices. Learn how we are helping organisations around the world to successfully implement third-party risk and compliance programmes to identify, mitigate and manage risks posed by their third- parties.
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