How Does the New Corruption Reporting Law Affect Your Business? [an extract from an Article by: JARDIM BECKER INC – September 2024 Newsletter]
You may have seen mention of the new amendment to the Prevention and Combatting of Corrupt Activities (POCCA) Act that imposes severe penalties for any failure to report corruption. If you did see it, you quite possibly thought “Doesn’t apply to me, I’m just a small business”.
Wrong! Let’s have a look at who the new law applies to, what it requires of you, the risk you run if you don’t pay it due attention, and how you should manage this new risk.
Who does the new reporting requirement apply to?
The Original Full Article can be Viewed here → https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCgzH0c25nsNeBo8BKxgRb8GHsXGutRFkW3vDejEVxgvsLtKBEbrzqrQbudgzg4-Dj4BoPcyKwsWLbCbLONL5NlEU=-NOPAD