Synopsis:
2024 marks the 25th anniversary of OECD Anti-Bribery Convention, one of the world’s leading anti-corruption legal instruments in driving positive global change on the issues of bribery and corruption.
While integrity, anti-corruption and collective action are traditionally considered under the purview of the Chief Compliance Officer and Compliance function, the importance of these issues necessitates a “whole of business approach.” In this context, the Chief Financial Officer and the Finance function have important roles to play, and can best harness these opportunities by adopting an Integrated Mindset over all ESG activities and information. An "Integrated Mindset" denotes a strategic approach adopted by companies and their leadership, wherein financial and sustainability-related information is considered comprehensively in an integrated manner, to facilitate better-informed decision-making and drive sustained value creation. This mindset extends beyond environmental considerations, encompassing the whole spectrum of environmental, social, and governance (ESG) issues, including anti-corruption compliance.
In this recorded joint IFAC, ICAEW and Basel Institute on Governance webinar, organised under the auspices of the B20 and in collaboration with the OECD and Business at OECD (BIAC), the speakers will discuss the key role of the finance function in effectively applying an Integrated Mindset over anti-corruption compliance and enhancing an ethical culture of integrity and governance. It will also highlight the importance of the Finance function being champions of Collective Action within their organisations.
Learn more at: The CFO & Finance Function and Anti-Corruption: Cultivating an Integrated Mindset
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