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The Pearl Initiative organized a seminar titled "Principles of Corporate Integrity to Promote and Implement Integrity Principles to Ensure Sustainability" in collaboration with the Chamber of Commerce and Industry. Abu Dhabi industry.
The seminar focused on the current state of corporate integrity and the future of corporate governance compliance, as well as their impact on strengthening the company's risk management system. business and improving its performance.
The seminar explored how to create the conditions for private sector companies in the Gulf region to take advantage of advanced technologies to strengthen their anti-corruption efforts and accelerate the positive effects of the environment. companies, as well as the growing importance of data analysis and robotics to address the challenges of corruption and enhance integrity. And the existing and potential compliance risks.
Twenty experts in corporate governance practices and a number of private sector officials from the United Arab Emirates and the region discussed successful models demonstrating the role of technology in detecting and monitoring fraud and fraud. of corruption in the workplace.
Yasmin Omri, Program Manager at Pearl Technology, said that 48% of the case investigation conducted by Ernst & Young last year was a key role in improving and improving the quality of life. improving the business environment through the application of integrity practices. Global fraud has shown that corruption and fraud are at the forefront of the risks facing the corporate environment, followed by cyber-attacks.
"There is a strong correlation between the success and effectiveness of organizations and their adaptation to the latest technology in terms of transparency," Omri said. "These technologies improve risk management and facilitate the expansion of business into new markets."
She explained that this seminar is an important step in the Pearl Initiative program to raise awareness of the need to fight corruption and encourage the adoption of best practices in integrity, launched with the support of Siemens Integrity Initiative to support the efforts and mission of the Initiative to promote a culture of accountability and transparency as key factors to enhance integrity and competitiveness. In the business sector in the Gulf region.
The Pearl Integrity Integrity Initiative (GCCI) was designed to measure the performance of institutions and companies with respect to integrity practices. She has also produced a series of reports and manuals in Arabic and English on how to effectively implement corporate integrity initiatives and policies.
The initiative plans to hold 63 events in the Gulf region next year to familiarize businesses and institutions with integrity practices and to inform them of their long-standing experience in this area.
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