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Corruption Risk Assessment
Risk document Kementerian ______ January 2019 ALL RIGHTS RESERVED
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Table of contents Contents Pages 1 Organisation context
Strategic Objectives and Key Processes Potential corruption risks 2 Risk Map 3 Summary of Risks 4 Summary of Action Plans 5 Risk Registers ALL RIGHTS RESERVED
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Organisation Context: Strategic Objectives and Key Processes
RiskDoc-01 Strategic Objectives Key Activities/ Processes linked to strategic objectives Potential Corruption Risks (linked to key processes) ALL RIGHTS RESERVED
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Corruption risks – Risk Map
RiskDoc-02 MOD RISK MAP – 31 March 2019 No. Corruption risks 1 2 3 4 5 6 7 8 9 10 11 12 Almost certain Likely Moderate Unlikely Rare Insignificant Minor Major Catastrophic 1 12 2 11 8 3 6 7 5 10 9 4 Key: Low Moderate Significant High ALL RIGHTS RESERVED
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Risk summary – “Project Management”
RiskDoc-03 Corruption risks Impact Likelihood Inherent risk rating Control Effectiveness Residual risk rating Risk Treatment? Complex contractual structure Major Moderate High Some weakness Signifcant Reduce ALL RIGHTS RESERVED
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Summary of risk action plan
RiskDoc-04 Risk action plans Responsibilities Target Date for detailed risk action plans 1 To consider legal actions to enforce terms in the integrity pact (recovering costs and termination of contract). Legal Dept Procurement Finance 30 September 2017 2 To conduct detailed background checks on joint ventures and agents 3 To develop policies over the prohibition of using agent or middleman 4 To consider an Anti-corruption Policy in the company 5 To implement Integrity Pledge by all staff ALL RIGHTS RESERVED
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RISK REGISTER ALL RIGHTS RESERVED
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CRM2.0@2017. ALL RIGHTS RESERVED
RISK REGISTER Risk ID Risks Pages MOD-001 Use of middle man to bribe public officials MOD-002 Abuse of power in tendering ALL RIGHTS RESERVED
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Risk register RiskDoc-04 Risk ID 001 Risk title:
Abuse of power in tendering State: Corrupt practices Department Risk Category Causes Consequences Internal control weaknesses: Delegation of authority not clear Lack of monitoring by IA Conflict of interest – no policy Weak HR management – job rotation Low salary Collusion with suppliers, employees Internal control weakness – taking advantage Culture of accepting corruption – personal gain Financial pressure of the staff Financial loss Reputation loss Litigation Quality and safety compromised Low staff morale Impact Likelihood Inherent risk rating Major Likely HIGH ALL RIGHTS RESERVED
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Risk register (cont’d)
RiskDoc-04 Risk ID: 001 : Abuse of power in tendering Existing Controls Additional Controls/ Action Plans Delegation of Authority – policy Procurement committee and policy SOP – delegation of authority; procurement; conflict of interest Policy – job rotation; recruitment Training and communication to staff Segregation of duties in key controls areas Integrity pact – contractors and suppliers Declaration of assets – all staff To consider an Anti-corruption Policy in the company Integrity pledge by all staff Control Effectiveness Some weakness Impact Likelihood Residual rating Major Unlikely Significant ALL RIGHTS RESERVED
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Risk register (cont’d)
RiskDoc-04 Risk Treatment Option : Terminate Reduce Risk Accept ALL RIGHTS RESERVED
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Example – Risk action plan template
RiskDoc-06 RISK Abuse of power in tendering RISK ID: 001 Risk analysis Controllable On-going Interconnect to other risks? Uncontrollable Discrete Combination Risk Treatment Strategy: Risk Category: Terminate Reduce Risk Accept Risk Owner: Assessment date: Next assessment date: Impact: Major Likelihood: Unlikely Risk Rating: SIGNIFICANT Target Impact: MODERATE Target Likelihood: UNLIKELY Target Risk Rating: High level action plan to be considered Responsibility Target date for detailed plan 1. To consider an Anti-corruption Policy in the company 2. Integrity pledge by all staff 3. 4. 5. ALL RIGHTS RESERVED
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Risk register RiskDoc-04 Risk ID 001 Risk title: State: India
Corrupt practices Department Risk Category Causes Consequences Impact Likelihood Inherent risk rating ALL RIGHTS RESERVED
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Risk register (cont’d)
RiskDoc-04 Risk ID: 001 Existing Controls Additional Controls/ Action Plans Control Effectiveness Impact Likelihood Residual rating Risk Treatment Option : Terminate Reduce Risk Accept ALL RIGHTS RESERVED
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Example – Risk action plan template
RiskDoc-05 RISK RISK ID: 001 Risk analysis Controllable On-going Interconnect to other risks? Uncontrollable Discrete Combination Risk Treatment Strategy: Risk Category: Terminate Reduce Risk Accept Risk Owner: Assessment date: Next assessment date: Impact: Likelihood: Risk Rating: Target Impact: Target Likelihood: Target Risk Rating: High level action plan to be considered Responsibility Target date for detailed plan 1. 2. 3. 4. 5. ALL RIGHTS RESERVED
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End of Document ALL RIGHTS RESERVED
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