Compliance and Integrity
Compliance and Integrity at the Konstanz University of Applied Sciences among 60 companies
with 500-plus employees found that 83% had compliance codices and 50% internal controls in
place. Similar studies found prevalence of compliance codices in 63% to 84% of sampled
companies. Increasingly medium-sized companies have beefed up their compliance programs
starting with cartels and corruption but using guidelines and international conventions to go
further. Medium-sized companies with business relations with the United States or top legal or
tax advisors tend to be more advanced.
The Federation of Germany Industry (BDI), the German Chamber of Commerce (DIHK) and the
International Chamber of Commerce (CCI) provide guidelines in paper and electronic format on
how to prevent corruption trying to convince all including small and medium sized companies to
catch up.
In addition, BDI provides model texts if companies with two different sets compliance
codes want to do business
EU Forecast
euf:ba18a:202/nws-01