ETHIC Intelligence hosts its third annual international conference
on corruption prevention Standards and Guidelines

OECD Conference Centre, Paris - Monday, September 10, 2018

ETHIC Intelligence is very pleased to host its third annual international conference on Standards and Guidelines in corruption prevention on September 10, 2018 at the OECD Conference Centre in Paris. Click below to view photos and videos from last year’s event where experts from business, civil society and government exchanged and debated issues related to the fight against corruption.

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Slovenia Times: Bad bank gets top certificate for corruption prevention

 Slovenia Times
18 November 2017
Business, 18 Nov / By Sta

Ljubljana – The Bank Asset Management Company (BAMC) has obtained a top-level certificate for corruption prevention from international agency Ethic Intelligence, thus becoming the only company in Slovenia with the Anti-corruption Compliance System Certificate.

BAMC’s programme for corruption prevention received the Ethic Intelligence’s certificate of compliance in 2015, BAMC said earlier this week. The full Anti-corruption Compliance System Certificate followed this autumn after an intensive several-month programme.

The bad bank said only companies with high level of business integrity, transparency and conflict of interest prevention on all levels obtained the certificate.

The head of Ethic Intelligence, Philippe Montigny, told the STA that BAMC was the only bank asset management company to have applied for the certificate so far and won it.

In the banking sector, a similar certificate was recently conferred on French bank Credit Agricole.

He said that most banks and financial corporations directed their resources into the prevention of money laundering while often underestimating the risks of corruption. However, increasingly many financial institutions now devote more attention to this issue as well.

BAMC, which started the process to get a certificate in the field of battle against corruption back in 2014, was in a way a pioneer in this field, Montigny said.

According to Dejan Jasnič of ABC Transparency, which conducts the corruption prevention programme in Slovenia, told the STA that the review had assessed corruption risks and BAMC’s anti-corruption system based on four criteria.

These are raising awareness on the anti-corruption programme, educational activities in the battle against corruption, tools and protocols for prevention and detection of corruption risks and a system of control and improvements of the anti-corruption programme.

Commenting on the fact that BAMC is often criticised by the media and the public for being non-transparent, non-economical and even corruptive, Montigny said that companies decided for the anti-corruption programme if they notice some risks but those which apply for the independent certification process really want to address these issues and with to follow the best international practices in the field.

He believes the certificate demonstrated BAMC’s serious commitment to business integrity.

Montigny said talks were under way with several other Slovenian companies which want to start the certification process. 18.11.2017 Sobota Država: Slovenija Doseg: