Global Ethics, Compliance & Integrity Yearbook 2021 by Bartosz Makowicz

The Yearbook is edited by Professor Bartosz Makowicz, Director of the Viadrina Compliance Center at the European-University Viadrina Frankfurt (Oder). The Center (established in 2010), carries out research and education in the interdisciplinary area of organizational Ethics, Compliance and Integrity. The 2021 edition of this Yearbook was supported by the KBA Nota-Sys Integrity Fund.

Foreword ................................................................................................................... 11 Bartosz Makowicz INTRODUCTION: Why Ethics, Compliance and Integrity Matter More Than Ever? ...................................................................................................... 13 CHAPTER #1: Governance & Compliance Management Carolynn J. Chalmers, Victoria Hurth, and André Jacquemet International Guidance for the Governance of Organizations ....................... 23 Alexander Matuk Compliance and Integrity - Competence Package ............................................ 35 Regina Hoermanseder Keeping One's Eyes Open When Selecting Business Partners ........................ 45 Mariola Lisewska Tailoring Compliance Program in Fast Growing Small and Mid-Size Companies ................................................................................................................ 51 Víctor Gómez Martín A New Kid in Town: The Compliance Officer ..................................................... 61 Alexander Ghazvinian The New Compliance Manager is a Change Manager ....................................... 73 Quirin Kissmehl, Anna Zubrod Business in the Gray Zone -Dealing with Compliance Dilemmas in High-Risk Regions ................................................................................................... 79 Carlos Wiesse Money-Laundering Prevention Systems in Peru ............................................... 97 CHAPTER #2: Integrity Management Marcelo Zenkner The Importance of an Effective Integrity System to Business Success ......... 109 Christian Hauser, Anina Havelka, Sandro Hörler, and Albert Weichselbraun Towards Developing an Integrity Risk Monitor (IRM): A Status Report .... 123 Mirjam Durrer, Stefan Hunziker, Anjuli Unruh, and Antje Würzburg Integrity as a Management Tool .......................................................................... 133 Vivian Andrade, Roberta Codignoto A Culture of Integrity as the Fundamental Basis of Compliance Programs 155 Richard Bistrong How to Amplify Integrity and Accountability Through the Voice of Business ................................................................................................................... 163 Fernanda Nan Integrity Programs: Drivers for Private and Public Sectors and Main Challenges ............................................................................................................... 175 Anatoly Yakorev Integrity Crisis? ...................................................................................................... 183 CHAPTER #3: Organizational Ethics and Culture Carlos Lelo Filipe The Importance of The Human Factor in Compliance Programs ................ 201 Patrick Henz Utopian Islands of Ethics & Compliance ........................................................... 211 Peter Ruhwedel, Marieluise Schaper Driving Compliance-Culture through Top Management Teams .................. 221 Shweta Bharti, Sukrit Kapoor The Compass of Integrity, Ethics & Compliance in Indian Boardrooms* ..... 243 Jane Mitchell Getting To The Heart Of Culture By Connecting Dots .................................. 257 Dhruv Goyal Ethics, Compliance & Culture ............................................................................ 267 Humberto Mota Filho How Is It Possible To Maintain an Ethical Environment in Business? A Democratic Governance and Compliance Agenda ...................................... 275 CHAPTER #4: Anti-Bribery Management Jean Pierre Méan Update on ISO 37001 - Anti-Bribery Management Systems ......................... 289 Alison Taylor What do Corrupt Organizational Cultures Have in Common? ..................... 301 Marc Y. Tassé The Reputational Risks of Corruption ............................................................... 319 Nikos Passas Anti-Corruption Beyond Illusions: The Pressing Need to Make a Difference ............................................................................................................... 329 Anatoly Kilyachkov, Anatoly Yakorev History of Anti-Corruption Compliance in Russia ........................................ 341 Nobuyuki Chikudate, Nadiatus Salama Justifying Corporate Bribery through Islam and Cultural Traditions in Indonesia: A Phenomenological Approach ................................................... 355 CHAPTER #5: Whistleblowing Management Michael Kayser ISO/DIS 37002 - Whistleblowing Management Systems - A Bestpractice Approach ................................................................................................. 367 Philip Brennan A New Dawn for Employee Disclosure in the EU -A Summary, with Some Advice for Legislators, Governments and Employers .......................... 379 Martin Woods Whistleblowing - To Blow or Not to Blow ........................................................ 391 Cristian Ducu, Mihai Popa Whistleblowing in Public and Private Sectors: The Romanian Case ........... 407 CHAPTER #6: Challenges of Digitalization Akif Mert New Compliance Challenges in the Wake of Digital Transformation: Current Fraud Reports and Scenarios from the Asian Financial and Insurance Sector .......................................................................... 445 Piotr Janecki Interdisciplinary Approach to Compliance as Entrepreneurial Response to the Reality of "IoT" and the Challenges Presented by "VUCA" ................................................................................................................... 451 Marcelo Crespo Privacy Compliance: A View from Brazilian General Data Protection Law (LGPD) ........................................................................................................... 461 Hung Ou Yang Legal Developments in 2019 on Taiwanese Regulations regarding Virtual Currencies ................................................................................................ 469 CHAPTER #7: Corporate Incentives and Sanctions Maximilian Wellner Corporate Criminal Law in Austria .................................................................. 483 Martin Petrasch The Planned German Corporate Sanctions Law - History and Future ....... 499 Antonio Giuseppe Di Pietro The Italian Regulation on Corporate Criminal Liability ................................ 507 Hanna Maria Malik Enhancing Compliance Culture through Punitive Sanctions - Notes from Poland ............................................................................................................ 529 Bios of Authors ...................................................................................................... 547