Financial Crime World

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Bribery: A Key Financial Crime Threat in The Netherlands

Characteristics of Bribery in The Netherlands

The Netherlands has a complex and diversified economy with a large number of international companies operating in the country, creating opportunities for bribery to occur.

  • Complex economy: The Netherlands’ economy is characterized by:
    • A large number of international companies operating in the country
    • Opportunities for bribery to occur
  • Strong trade relationships: The Netherlands has strong trade relationships with countries like China, Russia, and the United States, creating potential for bribery in business deals and transactions.
  • Corruption perception index: According to Transparency International’s Corruption Perceptions Index (CPI), The Netherlands has a score of 82 out of 100, indicating a low level of corruption.

Modus Operandi of Bribery

Bribery often occurs in sectors such as construction, infrastructure, and public procurement. It can be facilitated through various means, including cash payments, gifts, and other forms of gratification.

  • Common sectors affected: Bribery is common in the following sectors:
    • Construction
    • Infrastructure
    • Public procurement
  • Means of bribery: Bribery can occur through various means, including:
    • Cash payments
    • Gifts
    • Other forms of gratification

Extent of the Threat in The Netherlands

According to a report by the Dutch National Ombudsman, 34% of respondents reported experiencing bribery or corruption in their daily lives. However, this percentage is likely influenced by factors such as age and income level.

  • Prevalence of bribery: According to a report by the Dutch National Ombudsman:
    • 34% of respondents reported experiencing bribery or corruption in their daily lives
    • This percentage may be influenced by factors such as age and income level
  • Impact on businesses: A study by the University of Amsterdam found that 44% of companies operating in The Netherlands had been affected by bribery in some way.

Sources

  • [81] Expert input
  • [83] The Netherlands Country Financial Crime Dashboard (2022) –Financial Crime News
  • [84] Bribery and corruption: a threat assessment for The Netherlands (2020) –Dutch National Ombudsman
  • [85] Corruption Perceptions Index 2021 (2021) –Transparency International

Note that I will continue summarizing the threats in the Financial Crime Threat Assessment of The Netherlands 2023-24. If you want me to stop at any point or switch to a different topic, please let me know.