In a report released today, Control Risks warns businesses to expect more cases of large-scale fraud and corruption as the crisis continues to unfold. As a consequence, tighter regulation is anticipated with inconsistent and imbalanced levels of enforcement varying from region to region.

“Countries that have never done so before, such as China and Japan, have begun enforcing corruption laws while those who have been enforcing regulations are now seeking steeper fines and, in some cases, lengthy prison sentences,” said John Bray, Director, Analysis for Control Risks.

The report also advises organisations on measures they can adopt to mitigate fraud. Click here for the full press release.