Law360 (November 19, 2020, 8:02 AM EST) -- Nordic countries such as Denmark and Norway present the lowest corporate bribery risk in the world, while North Korea, Turkmenistan and South Sudan present the highest, according to a just-released report.
The report, the 2020 TRACE Bribery Risk Matrix, covers 194 jurisdictions and was compiled by TRACE International, a Maryland-based global business group dedicated to anti-bribery measures, good governance and compliance. The figures show the United States fell eight places since 2019 to 23rd in the rankings.
Denmark, Norway, Finland, Sweden and New Zealand ranked first through fifth, while North Korea replaced Somalia to take last place.
TRACE President Alexandra Wrage...
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