Over the years, risk management has become a major issue for
companies. For decades, they have been faced with an increased
criminalization of their activities and an explosion of new and
increasingly complex regulations in a wide variety of fields such
as the protection of personal data and respect for the
environment.
This regulatory hell is paved with good intentions. The rule of
law must guarantee a free competition environment where the dices
are not loaded and where corruption has no place.
Those who reject globalization in the name of exacerbated
nationalism ignore the role played by the international
institutions born after World War I and World War II.
Last month, I wrote about the major challenge of fighting
foreign bribery1, a challenge spearheaded by OECD, an
organization created in 1960 by 20 countries and which will soon
have more than 40 members.