We help organisations reduce bribery and corruption risks for every stage of their third-party compliance lifecycle, by providing the most configurable, market-leading, end-to-end third-party risk platform. Our platform is built hand-in-hand with our corporate clients, leveraging on Artificial Intelligence (AI) technology to automate and streamline the third-party compliance lifecyle. Combining the innovative platform with our global expertise in the risk and compliance space, we provide our clients the assurance that their third-party risks are identified, mitigated and managed on an ongoing basis.
ICBC Standard Bank is to pay fines of $ 25.2 m to the UK government and $ 7 m to the Tanzanian government for failing to prevent bribery . A $ 6 m payment was made by two men employed by a former sister company of Standard Bank , Stanbic Bank Tanzania , in December 2013 , to British Growth Market Advisors ; regulators say the payment was to bribe members of the Tanzanian government to show favour to Stanbic Tanzania .