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Risk audit and gap analysis

Our full assessment of your corruption risks and compliance gaps empowers you do to business with confidence

Why a risk audit and gap analysis is essential

All around the world, countries are waking up to the damage corruption does to their society and economy. Anti-corruption laws are getting tougher, at a time when more and more companies are moving into new markets. Some of these markets may have a higher risk of corruption. You need to know where the potential problems lie both inside your organisation and with external partners – and how to prevent them.

How the ethical risk audit works

Calling on our many years of hard-won experience, Interchange will conduct an in-depth audit of your business and its value chain to identify and quantify risks of corruption and bribery.

The ethical risk audit will indicate weaknesses so you can reduce the likelihood of an incident or allegation of bribery and corruption – with all the financial and reputational costs that would bring. It gives you the certainty you need to get on with doing business.

We can provide a regular ethical risk audit that will help you avoid nasty surprises by checking compliance right across your organisation and its value chain. We can also carry out spot-check audits of areas of high risk on your behalf if you do not have the resources.

From our findings, we will recommend how to address the vulnerabilities in your organisation through changes to policies and procedures and other remedial business measures.

Auditing standards

We can audit your company’s anti-corruption procedures against the requirements of the UK Bribery Act, and ISO37001. We will also review it in the context of the US Foreign Corrupt Practices Act.

A risk audit or gap analysis is an essential foundation for implementing an anti-bribery management system that can be certified to ISO37001.

Don’t put off your audit

  • Lower risk of corruption and bribery and of non-compliance
  • Protect and build reputation
  • Support due diligence before a merger, acquisition or joint venture
  • Answer a stakeholder request
  • Identify training needs
  • Don’t be wrong footed

Case studies

How Interchange is helping leading organisations turn risk into business value

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Know your stuff

Upgrade your knowledge about bribery and corruption risks and how to manage them

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Recent posts

Latest views and ideas on compliance and anti-corruption issues from our experts

Catch me if you can

Five common myths in UK SMEs re international bribery risk… 1. “Only large corporates are prosecuted for a Bribery Act offence” – NOT TRUE: more SMEs and individuals than major corporates have been prosecuted. Generally, the evidence is easier to collect and an SME...

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Until the whistle blew

In 2016 the Panamanian law firm Mossack Fonseca, was subject to a massive insider data breach which disclosed 11.5 million files amounting to 2.6 terabytes of data – a treasure trove of global offshore financial activity exposing financial connections of thousands...

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