U.S. bribery risk landscape in 2023: TRACE Matrix, Corruption Risk Forecast
By 
Jaclyn Jaeger2023-01-05T17:50:00
Analyzing the results of two recent reports offers an understanding of the U.S. landscape around anti-bribery efforts entering 2023 and where elevated risks might lie.
The United States improved seven spots in the 2022 TRACE Bribery Risk Matrix released in November. This year’s ranking—16th out of 194 countries—places the United States in better position compared to recent years regarding the current bribery risk landscape.
TRACE International first launched its Bribery Risk Matrix in 2014, providing chief compliance officers a broader overview of commercial bribery risk worldwide. To arrive at each country’s score, the matrix analyzes four specific domains:
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
PremiumTRACE enforcement report highlights anti-bribery trends from 2022
The United States broke from a three-year downturn in bribery-related enforcement actions, while Brazil continued its emergence in the space, according to the results of the latest annual Global Enforcement Report by nonprofit TRACE.
-
PremiumResearch project leveraging collaboration to better detect corruption
Integrity Distributed has launched a collaborative research project seeking to develop anti-corruption detection technology that includes academic, technological, and corporate partners.
-
PremiumTI 2022 Corruption Perceptions Index shows ‘scant progress’
Around the world, countries attempting to address their corruption issues are not making much progress, while countries failing to address corruption are worsening the problem, according to Transparency International’s latest Corruption Perceptions Index.
More from Anti-Corruption
-
PremiumQ&A: Hellenic Bank CCO on progress made to fight corruption in Cyprus
Maria Aristidou Demetriou, chief compliance officer at Cyprus-based Hellenic Bank, spoke to Compliance Week about derisking in the Cypriot banking sector since Russian’s invasion of Ukraine and efforts to combat corruption, money laundering, and sanctions evasion.
-
News BriefEricsson completes DOJ-imposed compliance monitorship
Swedish telecommunications giant Ericsson announced the conclusion of the independent compliance monitorship imposed on the company following its 2019 settlement for violations of the Foreign Corrupt Practices Act.
-
PremiumEx-Albemarle CCO shares drivers behind data analytics success at CW2024
Former Albemarle CCO Andrew McBride explained at Compliance Week’s 2024 National Conference how he led the company’s compliance department to remediate the issues that led to apparent FCPA violations and how the team used data analytics to assess risks and implement compliance solutions.