Being Serious About Integrity

Being Serious About Integrity

Today I share two viewpoints about integrity, from much different perspectives and experiences. If there is one blog to read this week, it is Richard Bistrong’s blog posted on Monday, Too Big To Debar (Link). This article reflects a sense of integrity and humility that is rarely demonstrated. Imagine someone who has been convicted for FCPA violations, sentenced to jail, and debarred from doing business with the US Government, who now says loud and clear that it was fair and appropriate. Imagine the same person who now articulates that there is in fact only one way to do business, which is to behave ethically, comply with the law, and to demonstrate that compliant business is competitive business, i.e. 100% based on innovation and pricing which drives value to both the buyer and seller. He shares this unfiltered from a front-line experience that we don’t often hear in this debate.

When this very person (he is one of only two parties that were debarred in the OECD Bribery Report) says that enforcing authorities should be really serious when sanctioning companies for bribing public officials, we should listen if we really want a global, corruption free, business environment. But my conviction is that this has to be complemented by sharing the viewpoint of someone else who is serious about integrity, Mr. Angel Gurria, the OECD Secretary General. In an interview posted for the anti-corruption day on the ETHIC Intelligence Experts Corner (link), Mr. Gurria stated “The OECD recognizes that the supply of bribes to foreign public officials is one half of the picture, and that it is also important to address the solicitation of bribes." Mr. Gurria bravely elevates the often ignored issue that as long as public officials continue to gain personal advantage from bribery in a climate of impunity, our children will continue to be confronted with the same difficulties as today.

I will always remember a courageous magistrate who during an OECD conference said bluntly "corruption is a devil's deal, but the devil is the public official who requests and takes the bribe, while he is supposed to work on behalf of our general public interest.” While sanctions have to deter companies from corrupt activities, we also need to start focusing on public officials, in every country, to ensure that public procurements and processes will always be taken for the sake of the community. Treating the two sides of bribery differently is not only unfair, but mainly sends the wrong message by focusing entirely on the corporate component. Thank you Mr. Gurria and Richard for telling us so clearly and so courageously how things should be. A world without corruption is the one I want to leave to our children.

⚓Anatoly Yakorev⚓

Mentor for Conscious Enterprises Network, Compliance Maze Runner™, EthicSeer™

9y

Philippe, you will be surprised to learn that the definition itself for integrity is often misinterpreted by business and is viewed as roughly being "part of the buddy network". I discovered that while interviewing senior managers from all over the world. I am sure public officials could offer their definition for integrity with a similar concept. Your reference to Richard Bistrong article is very relevant with all the points you have made about his message. Richard offered us two perspectives: from the eyes of the business and public official. But lastly he raised an issue about fairness on the part of regulators bluntly applying debarment and hurting parts of the value chain. I was shocked to learn from him that there were only two parties debarred and he was included.

Edwin Samuel Joe, Dip. (AML)

Executive Leader - Financial Crime Compliance/Audit and Assurance Professional

9y

For those who ask the question "How far are we taking the fight" CF 30 - Fined and Sanctioned from performing any function in relation to any regulated activity carried on by any authorised or exempt persons or persons to whom as a result of Part 20 of the Act the general prohibition does not apply for "lack of honesty and integrity". Hence failing to meet the FCA’s Fit and Proper Test for Approved Persons. Underlying reason - "deliberately and knowingly failed to purchase a valid ticket to cover his entire journey" FCA: "Those individuals who are approved to work within the financial services industry should conduct themselves with honesty and integrity in both their professional and personal capacities". JPB01091, 15DEC2014. Qualification-(s) in case of collectors, skills and experience is window dressing if "Honesty and courageous integrity" is missing in the shop - ES

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