Anti Bribery Pakistan is a non-profit organization that aims to educate people about anti-bribery laws in the country. This article will focus on Anti Bribery Pakistan, what it does and how it can help you with anti-bribery law compliance.
A lot of companies are not aware of Anti-Bribery Law Compliance in Pakistan. The parliament has established these laws due to various high-profile cases involving corruption, which led to enormous losses for public sector projects.
The Anti-Bribery Ordinance was enforced through an executive order from President Mamnoon Hussain on April 30th, 2016. It covers all forms of giving or receiving bribes and provides heavy penalties for violators, including imprisonment and fines up to one billion rupees.
Anti-Bribery Law Compliance is the process of making sure that anti-bribery measures are in place at all levels and departments within a company.
Companies should have Anti-Bribe Policy Compliance which includes Principles of Corporate Conduct to protect against Anti-Bribery Pakistan cases. To ensure compliance with these laws, Anti-Bribery Pakistan requires continuous risk assessments.
Anti-bribery Pakistan enforces Anti-Bribery laws and regulations. They are in charge of ensuring the Anti-Bribery Law Compliance at all levels within a company and when they use external vendors for goods or services. Anti-Bribe Policy Compliance is required to protect companies from Anti-Bribery cases and corruption.
Unfortunately, there is a lot of corruption in Pakistan. It extends to all parts of the government and private sectors. This is why Ant Bribery Pakistan exists.