Politically Exposed Person (PEP) is a term coined to describe an individual entrusted with a prominent public service. PEP includes State Administrators as referred to in the laws and regulations governing State Administrators as well as people who are registered as members of political parties. These people influence the policies and...
Whistleblowing has been gaining recognition as a tool that could be used for the early detection of frauds - misconduct, corruption, bribery, and other unethical behaviors - by public and private organizations across the globe. However, despite guaranteeing the anonymity of the whistleblowers, frauds still remain untold due to various...
According to the ACFE's Report to the Nations 2022, the whistleblowing system detected 42% of the fraud cases studied and enabled early detection. According to the research, the system is the most effective when compared to other detection tools. Its efficacy, however, may only be achieved if the organization adopts policies...
In an ideal corporate environment, background screening should be a part of employee recruitment processes. A comprehensive background check is an instrumental preventive action against the risk of bad hiring. The background screening process includes various types of checks, including employment and reference checks. These two verification processes are essential elements...
Whistleblowing systems play a crucial role in detecting misconduct and promoting ethical behavior within organizations. However, in reality, the very act of “blowing the whistle” can put whistleblowers at great risk. Among other risks, those who choose to disclose misconduct may experience retaliation, harassment, or other professional repercussions. Given the risks,...
