This year’s survey further examines these innovations, including the uneven adoption of distributed ledger technology in ABC programs. And given the rapidly shifting views on incorporating environmental, social, and governance into ABC programs last year, we investigate the progress made to date and what is left to be done.
Also, for this year, 14 countries were represented in our survey, with 50 participants hailing from each one, including Australia, Hong Kong SAR, Greater China, Singapore, France, Germany, Italy, the United Kingdom, Brazil, Mexico, Saudi Arabia, the United Arab Emirates, Canada and the United States. Based on respondent insights, this report individually analyzes results at a macro and micro level, demonstrating a broad spectrum of diverse geographies and challenges.
Other key findings include a high level of agreement that the compliance function will take on more responsibilities in 2022, although compliance leaders feel supported. Respondents who believed their compliance programs are effective attributed this confidence to internal audits and third-party program reviews that confirm their programs work and to a lack of bribery incidents reported to date.
Thank you for spending time to review these results, and as always, Kroll is available to further discuss the details of these findings and to collaborate with you in improving your ABC compliance, readiness and program objectives.
