TRACE and the Federation of Indian Micro and Small & Medium Enterprises (FISME) partner to raise anti-bribery compliance standards among SMEs in India
/ -- TRACE, the globally recognized anti-bribery business organization, and the Federation of Indian Micro and Small & Medium Enterprises (FISME) have announced a strategic partnership to raise anti-bribery and due diligence standards in India.
Through this partnership, members of FISME have the opportunity to complete TRACEcertification, a heavily benchmarked and comprehensive due diligence review, analysis and approval process establishing that an individual or organization has been thoroughly vetted, trained and certified by TRACE.
Completion of TRACEcertification will allow FISME members to serve as pre-vetted and trained business partners for multinational companies seeking to do business with suppliers, agents and consultants that share their commitment to transparency in business.
"Indian SMEs are increasingly getting connected to global value chains (GVCs), and TRACEcertification will help them immensely in linking to the GVCs and help in greater market access in the ...