TRACE Bribery Risk Matrix (Courtesy photo)New TRACE Study: Europe Is Least Risky Continent for Bribe Demands
The 2018 TRACE Bribery Risk Matrix, released Thursday, names the least and most risky of 200 countries evaluated as well as the least and most risky continents. The study's methodology changed this year.
December 06, 2018 at 05:44 PM
4 minute read
The original version of this story was published on Corporate Counsel
The top five least risky countries in which to do business and avoid bribe demands are New Zealand, Sweden, Norway, Denmark, and Finland, according to the latest research from TRACE International.
The 2018 TRACE Bribery Risk Matrix, released Thursday, also names the most risky of the 200 countries evaluated: Somalia, Libya, Venezuela, Chad and Turkmenistan.
The least risky continent was Europe, with Africa being the most risky. TRACE is an international anti-bribery organization that provides risk management solutions to almost 400 multinational companies.
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