FCG 6.3 Further guidance
1FCTR contains the following additional material on bribery and corruption:
• FCTR 9 summarises the findings of the FSA’s thematic review Anti-bribery and corruption in commercial insurance broking and includes guidance on:
◦ Governance and management information (FCTR 9.3.1G)
◦ Risk assessment and responses to significant bribery and corruption events (FCTR 9.3.2G)
◦ Due diligence on third-party relationships (FCTR 9.3.3G)
◦ Payment controls (FCTR 9.3.4G)
◦ Staff recruitment and vetting (FCTR 9.3.5G)
◦ Training and awareness (FCTR 9.3.6G)
◦ Risk arising from remuneration structures (FCTR 9.3.7G)
◦ Incident reporting (FCTR 9.3.8G)
◦ The role of compliance and internal audit (FCTR 9.3.9G)
• FCTR 13 summarises the findings of the FSA’s thematic review on Anti-bribery and corruption systems and controls in investment banks and includes guidance on:
◦ Governance and management information (FCTR 13.3.2G)
◦ Assessing bribery and corruption risk (FCTR 13.3.3G)
◦ Policies and procedures (FCTR 13.3.4G)
◦ Third party relationships and due diligence (FCTR 13.3.5G)
◦ Payment controls (FCTR 13.3.6G)
◦ Gifts and hospitality (FCTR 13.3.7G)
◦ Staff recruitment and vetting (FCTR 13.3.8G)
◦ Training and awareness (FCTR 13.3.9G)
◦ Remuneration structures (FCTR 13.3.10G)
◦ Incident reporting and management (FCTR 13.3.11G)