Managing corruption risks

Once you have identified and assessed your corruption risks, you must take steps to treat them.  Being aware of the corruption risks facing your agency is not sufficient.  Agencies have a responsibility to have effective measures in place to address these corruption risks. By doing so agencies both minimise their chances of corruption occurring and increase their chances of detecting it early. 

Treating corruption risks involves identifying the range of options for treating each risk, assessing these options, selecting the most effective options and preparing and implementing risk treatment plans. As we noted in the section on corruption risk management, the Australian Standard identifies five stages to the risk management process.  This Toolkit provides material to assist agencies in relation to two of these stages; identify and treating corruption risks. We refer the reader to the Australian Standard for information on the other three stages.


Treatment options

Treatment options for corruption risks include:

  • amending existing controls (supervision, systems, policies and procedures)
  • introducing new controls
  • introducing new methods of detecting corrupt behaviour that could result from a particular risk.

The chosen treatment for any risk could be a combination of the above options.  For example, the best treatment for a particular corruption risk might be amending an existing control (e.g. improving a current policy) and introducing a new detection method (e.g. improved supervision and checking processes).  Agencies need to consider the best option in terms of cost, effectiveness and feasibility.


Corruption risk treatment plans

After selecting all the risk treatment strategies, agencies should prepare a corruption risk treatment plan which describes how the selected treatment options will be implemented. It should include:

  • proposed actions
  • resource requirements
  • responsibilities
  • timeframes
  • performance measures
  • reporting and monitoring requirements.

Resources

Related topics on the ICAC website