Rida Technical Services is proud to announce its successful completion of the TRACE Standard due diligence review for 2015. This comprehensive evaluation underscores our dedication to ethical business practices and anti-bribery compliance.
For the third consecutive year, TRACE International Inc. (TRACE) has awarded Rida Technical Services a certificate of membership. This renewal signifies our unwavering commitment to maintaining transparency in all international commercial transactions and upholding the highest standards of integrity.
TRACE is a globally recognized non-profit business association that pools resources to offer practical and cost-effective anti-bribery compliance solutions. They provide vital support to multinational companies and their commercial intermediaries—including sales agents, consultants, distributors, and suppliers—through a range of core services. These invaluable services include detailed due diligence reports, customizable model compliance policies, an extensive online resource center featuring summaries of foreign anti-bribery laws, and in-person and online anti-bribery training.
For multinational companies, TRACE offers a more efficient and affordable alternative to conducting costly and complex internal compliance processes. For commercial intermediaries like Rida Technical Services, TRACE membership provides a distinct marketing advantage and serves as a portable compliance credential. It effectively bridges the gap, allowing us to confidently engage with companies operating on the global stage.
We encourage you to learn more about TRACE and their critical mission by visiting their website at www.TRACEinternational.org.
TRACE International Overview
Advancing Transparency and Ethical Practices Globally
TRACE International is a non-profit business association that specializes in anti-bribery compliance and governance solutions. With a focus on fostering transparency in international business, TRACE is dedicated to helping companies and their commercial intermediaries, such as agents, distributors, and suppliers, establish ethical and compliant operations across global markets.
Key Offerings by TRACE International
Due Diligence Services
- TRACE conducts thorough due diligence reviews for companies and intermediaries to ensure compliance with ethical business standards.
- These reports offer a cost-effective way to help businesses build trust and meet compliance requirements.
Anti-Bribery and Compliance Training
- Award-winning eLearning programs designed for employees, managers, and compliance professionals.
- Courses are interactive, mobile-friendly, and available in multiple languages to cater to global audiences.
Resource Center and Tools
- Exclusive access to practical tools and templates, such as compliance policies and summaries of foreign local laws.
- The e-Gov portal provides businesses with a comprehensive directory of government resources from over 100 countries.
Membership Programs for Every Scale
TRACE offers tailored membership solutions for both multinational corporations (MNCs) and small to medium-sized enterprises (SMEs):
- MNC Membership
- Includes a full library of compliance training tools and access to global webinars and events.
- SME Membership
- Designed as a cost-effective option offering access to compliance starter kits and training materials.
Why Choose TRACE International?
- Shared-Cost Model
- By pooling resources, TRACE provides businesses with affordable compliance solutions tailored to their needs.
- Global Recognition
- Trusted by prominent multinational companies and supported by a robust international network.
- Commitment to Excellence
- TRACE sets the global standard in fostering ethical culture and transparency in business practices.
A Bridge to Ethical Business Success
Through its comprehensive offerings, TRACE International stands as a strategic partner for organizations aiming to strengthen compliance programs and enhance their reputation in global markets. Joining TRACE equips businesses with the tools and knowledge to lead confidently and ethically in an increasingly regulated world.
For more information about TRACE International, visit www.traceinternational.org.