.:: ACTS- Anti-Corruption toolkit ::.

The ACTS project is co-funded by the Internal Security Fund of the European Union


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December 12, 2017

SUPPORTING SMEs AGAINST CORRUPTION

In occasion of the International Anti-corruption Day 2017, the partners of the European Project ACTS, in collaboration with the Belgian Ministry of Economy and the International Chamber of Commerce in Belgium organized the event "Supporting SMEs against corruption", to discuss with EU insitutions and  stakeholders the tools and actions to be taken from European SMEs to prevent corrution.

Anti-corruption guide for Belgian enterprises overseas

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A study commissioned by the European Parliament and published in March 2016 estimates the cost of corruption in Europe to be as much as 990 billion euros in terms of loss of Gross Domestic Product. 

As Belgium has been engaged for many years in the fight against corruption while doing trade and it is a priority of the Belgian Government, the latter published, on December 2016, a guide to raise awareness among companies doing business in international markets for goods and services, by warning them of the main risks and consequences. It provides enterprises with practical tools and concrete examples to deal with corruption as well as possible ways to help them establish their own code of conduct. 

Specifically, it wants to offer Belgian enterprises a starting point for internal measures which they may take in order to limit their exposure to the risk of corruption overseas. The measures taken, in particular for SMEs, must be adapted to their individual circumstances, including their size, type, legal structure and geographical and industrial sector of operation, as well as the jurisdictional and other basic legal principles under which they operate.

For more information click here