FIATA publishes best practices on bribery prevention

FIATA

FIATA, the International Federation of Freight Forwarders Associations, releases a best practices paper on prevention of bribery during its 2019 World Congress in Cape Town, South Africa.

The paper aims to address the challenge of corruption and bribery in the international logistics and freight forwarding industry. It provides practitioners with advice on internal control measures against bribery and on cooperating with other stakeholders to prevent it.

The Corruption Perceptions Index 2018 of Transparency International reported that more than two-thirds of 180 countries and territories covered by the Index scored below 50 on a scale of between 0, highly corrupt, and 100, very clean, revealing that the world economy is still heavily burdened by corruption.

As a sector deeply involved in cross-border trade and frequently interacting with public officials, the international logistics and freight forwarding industry has a relatively high risk of exposure to corruption or bribery, FIATA notes.

Richard Gluck, chair of FIATA’s Advisory Body Legal Matters, states: “Our member companies requested a guide to combat bribery and corruption. This best practices paper, developed with support from FIATA’s Customs Affairs Institute, emphasises the significance of establishing and implementing a systematic anti-bribery policy in the enterprise, with a strong leadership commitment against bribery behaviour.”

The paper recommends adoption of clear rules on sensitive issues like gift-giving, facilitation payments and employment of third-party service providers. Recommended processes to deal with bribery solicitations from public officials are also included to help members in such situations, Gluck says.

FIATA president Babar Badat comments: “Fighting against corruption and bribery is critical to create a level-playing field for the logistics and freight forwarding industry and to lower the costs of trade for the entire supply chain. No one can win this fight on their own. FIATA will continue to work with all stakeholders and strive for a better business environment for the industry.”

The guide can be downloaded for free, here.

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FIATA publishes best practices on bribery prevention
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FIATA publishes best practices on bribery prevention
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FIATA, the International Federation of Freight Forwarders Associations, releases a best practices paper on prevention of bribery during its 2019 World Congress in Cape Town, South Africa.
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