AmCham Macedonia Winter 2015 (Issue 44) | Page 28

PAST EVENTS Proactive Corruption Prevention a Must AmCham was honored this winter to host Dr. Stuart Gilman, a global anti-corruption expert, for an informal discussion with about 20 members and representatives from other business organizations. Dr. Gilman said companies everywhere should proactively assess their corruption-related risks and create appropriate prevention systems. He explained that the difficulty and expense of doing so depended on a company’s size and risk profile; the bigger and more diversified and dispersed company operations are, the more critical a systematic approach. One example he cited was the increasingly common practice of multinationals to include an “integrity umbrella” clause in all supplier contracts, ensuring their partners are held responsible to uphold a zero-corruption tolerance policy or lose business. Mr. Veton Qoku, Attorney at Law from a regional law firm KN Karanovic & Nikolic, introduced the group to current Macedonian legislation, the U.S. Foreign Corrupt Practices Act and UK Bribery Act, which are both regularly enforced and have extraterritorial impact. Mr. Qoku highlighted the lack of enforcement examples as well as the low visibility of those bodies empowered – at least on paper - to enforce the country’s relatively solid legal framework. The group discussed topics ranging from challenges and strategies used to prevent employees from gaining privately at the company’s expense to less clear cases, such as how to respond when public authorities solicit company donations to support public projects and programs. Mr. Gilman said local business organizations could encourage tangible improvements on all sides by gathering concrete data from companies on the specific challenges they have faced. He said this was particularly important, given that global corruption indices tended to only scratch the surface (i.e., public impressions and legal framework), not analyze