Compliance policies addressing corruption should extend to which of the following?

Compliance policies addressing corruption should indeed extend to agents and other third parties. This is crucial because corruption can occur at multiple levels within an organization, and third parties, such as agents, contractors, suppliers, and vendors, often play a significant role in business operations.

By including agents and other third parties in compliance policies, organizations can ensure that these entities adhere to the same ethical standards and anti-corruption measures as their employees. Third parties can pose risks since they may be more susceptible to engaging in corrupt activities that could reflect poorly on the organization and lead to legal penalties, reputational damage, and financial loss.

Furthermore, regulatory frameworks in many jurisdictions often hold companies accountable for the actions of their third-party affiliates, meaning that robust compliance policies must encompass these relationships to effectively mitigate risks associated with bribery and corruption. This comprehensive approach not only helps safeguard the organization but also promotes a culture of integrity and transparency across all levels.