For the past couple of weeks, US President Donald Trump was rumored to be on the brink of impeachment after his conversation with the Ukrainian president Volodymyr Zelenskiy was revealed to the public last month. Whistleblowers from the intelligence community made a complaint about the communication between the two. During the...
Corruption is a global phenomenon. No organization is immune to corruption or other violations, including higher educational institutions (universities). Although there is no statistical data available yet about corruption cases that involve universities in Indonesia, there are several cases that have made headlines during 2018-2019. A few of them are...
Counterfeiting is a growing industry in Indonesia. A study conducted by the Indonesian Anti-Counterfeiting Society (MIAP) and the University of Indonesia showed that the loss of sales of counterfeit goods was 65.1 trillion rupiahs in 2014, which is a spike of 50% compared to 2010. MIAP research found that the huge...
With the ASEAN region in particular, Asia is still a lucrative market for producers and distributors of counterfeit drugs. The Pharmaceutical Security Institute (PSI) mentioned there were 673 incidents involving fake medicine and illegal diversions in ASEAN from 2013 to 2017. Of the total incidents, 193 incidents occurred in the...
The whistleblowing system, as an instrument for early detection of violations, is not only applied to corporations but also to educational institutions at the college or university level. Stanford University, for example, implements a whistleblowing system under the name Ethics and Compliance Helpline for Stanford's community. According to the website...
A key component of the implementation of the ISO37001 Anti-Bribery Management System (ABMS) is the assessment of bribery risks in all areas of the organization's activities. The assessment helps organizations identify risks, determine priorities, and develop policies and procedures for managing these risks. The first important step in conducting the assessment...
Some corporations might wonder whether the ISO 37001 ABMS is a silver bullet to mitigate bribery risks. There is no regulation that can make corporations immune from bribery. However, corporations should take all possible measures to prevent it from occurring. Having an Anti-Bribery Management System (ABMS) in place is a great...
Indonesian financial institutions work closely with the Directorate of Population and Civil Registration (Dukcapil) of the Ministry of Home Affairs (Kemendagri) to mitigate fraud. Through this collaboration, financial institutions can verify the data of prospective customers before granting credit or loans. Financial institutions can now conduct field verification and data...
Fraud is a lifetime enemy in human existence that leaves financial and emotional loss on its victims. Although fraud cannot be eradicated entirely, it can be prevented and minimized. Faces of Fraud is a book authored by a fraud-fighting expert, Martin T. Biegelman, who compiles fraud-related theories as well as...
Compliance with internal and external regulations must be a top priority in businesses, primarily heavily regulated industries such as health, aviation, transportation, and finance. Accidental or deliberate violations of internal and external regulations can cause severe consequences for companies. Certainly, every employee, primarily in contact centers, has been trained in...
