Bribery and corruption risk: Is Australia doing enough?
Transparency International’s ‘Corruption Perceptions Index’ (CPI) for 2017 has been released and the results are not surprising. KPMG’s director of Audit, Asssurance and Risk, Natalie Faulkner tells StrategicRISK Australian firms are continuing to operate on the wrong sit of this law
The CPI ranks 180 countries by their level of perceived corruption and bribery, on a scale of 0 to 100, where 100 is highly corrupt and 0 is very clean. Globally, the average score is 43, which is quite low, yet not unexpected. Over the last five years, there has been a steady decline in many countries’ fight to end corruption, and unfortunately, Australia is one of them.
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