Gifts and hospitality policies, controls over agent and consultant payments, third-party due diligence and a whistleblowing line are the core elements. For foreign operations, laws with extraterritorial reach such as those of the US and UK must also be considered.
Source: 5237 sayılı TCK md. 252, OECD Rüşvetle Mücadele Sözleşmesi, ISO 37001
Related terms
Compliance programmeThe full set of policies, procedures, controls, training and monitoring activities an organisation puts in place to ensure compliance with laws and internal policies.Third-party riskOperational, compliance, financial, information security and reputational risks arising from the activities of third parties such as suppliers, dealers, agents and outsourced service providers.Ethics hotlineA channel through which employees and third parties can report suspected irregularities, ethical breaches or fraud, confidentially or anonymously where needed.Application controlsAutomated or IT-dependent manual controls embedded in a software application that ensure transactions are processed completely, accurately and with authorisation.Business continuity planA plan to keep critical activities running at an acceptable level and return to normal within set timeframes after a disruption, disaster or cyber attack.Compliance auditAn examination of whether an organisation's activities are carried out in accordance with the relevant laws, regulations, contracts or internal rules.
Last updated: November 8, 2026 · This definition is for general information only.