Central Asia: Integrity Due Diligence. Third Parties Risks. Your Trusted Advisors for Central Asia International Investors Solutions: Managing Your Risks in Central Asia Doing Business in Central Asia: Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Turkmenistan.

Corruption is pervasive in several countries of Central Asia, where a majority of respondents say they are either asked or are expected to pay bribes to receive public services...

If your company’s business is carried out in one of the post-Soviet Central Asian countries like Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, or Turkmenistan, then

Making your corporate ethics policies understood and routinely referred to by employees at your local offices in Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan is a huge challenge. Solving this challenge means getting rid of foreign corruption exposure

Sarsenov Corporate Governance Advisory
Compliance in Kazakhstan, Kyrgyzstan, Uzbekistan
Corporate Governance & Compliance Services
Customized compliance training for Kazakhstan and Central Asia





Training and consultations. We can develop highly customized training and consultations for:

- Groups of local personnel (sales managers, marketing officers, other staff)
- Your local agents, consultants, vendors, suppliers, and buyers
- Your local Compliance Officer in one of these countries: Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, or Turkmenistan

All our trainings are highly customized to a particular company’s unique situation in the region. We take into account every specific moment, including the particular location within the region, the size of the company, the type of business, the number of employees, the organizational structure, the specifics of the business model on the ground, the use of agents and other third parties, and many other things. Every specific moment is important and might influence the approach we choose to get the job done the in most successful and effective way. Truly, it is not an easy job to try to change people’s view of things like ethics and business conduct. It is even harder to make them believe in it. But we strive for real results; that is why we are successful and trusted.

We can also develop and deliver individual or group trainings for your managers at corporate headquarters that are dealing with businesses in Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan.

In addition to all that, we can develop comprehensive recommendations for you on improving your local compliance and ethics components in your Central Asian offices.

Phone: +1 (718) 289 4134

Email: cga@sarsenov-advisory.com


Preventing big crashes in Central Asia is much easier than dealing with devastating consequences.

Making your corporate ethics policies understood and routinely referred to by employees at your local offices in Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan is a huge challenge. Solving this challenge means 90 percent getting rid of foreign corruption exposure in the region.

Targeted and culturally-customized Compliance Trainings and Consultations for managers, employees, and third parties working in Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan would significantly reduce your exposure to foreign corruption and third party risks in Central Asia, and would enable you to avoid money laundering and local frauds exposure.

There is a huge cultural gap, and there is a lot of work that should be done to fill the gap before your corporate ethics standards will begin to work in these Central Asian countries. If no such work is done, no positive effect should be expected.

EBRD and World Bank rank corruption among the top three obstacles to the business of representative firms in most of the Central Asian countries. The culture is so different even within this region. Also, the very perception of “unethical” in these region is so different from in the U.S. or Europe in terms of misdeeds mentioned in most corporate Ethics Codes. This makes “unethical” widely tolerable at all levels of business and in society.

Many good Compliance programs stumble in this region for one simple reason. They did not want to pay due attention to this very important factor. Actually, apart from the recent Pfizer’s case, there are many other examples of similar compliance failures, which are usually lesser known to the wider public.

The last thing any Chief Compliance Officer wants for himself is a total misunderstanding, which means NOT FOLLOWING, of his all compliance efforts. However, everyone knows that unlike at headquarters, odds are high that employees and managers at international offices pose a huge challenge for any strong Compliance Program. This becomes especially important when the main exposure to your program is foreign corruption. This challenge multiplies in case of Central Asia, where from 34 to 50 percent of the population pays bribes (see Global Corruption Barometer 2013) and where third parties risks and money laundering risks are among the highest compliance risks.

Delivering trainings that are deeply customized for this culture and highly targeted for special groups of employees and local managers as well as for liaisons in Central Asia - is the most wise and most cost effective way of protecting your program from the long-term perspective. This is the only way to liquidate corruption exposure and mitigate other compliance risks for this region.

As a compliance expert that is well familiar with both specifics on the ground and local languages in Central Asia and, at the same time, at the cutting edge of all current international trends in corporate compliance, we have trained over 1,500 Compliance, Legal, Ethics, and Internal Audit experts, managers, and board members across Central Asia. We make Global Ethics Codes and Corporate Policies cristal clear to employees and managers working in Central Asia. We know what the local situation in the region is.

If you want to stay updated on compliance risks in Central Asia and about possible ways of mitigating your risks, you may subscribe to our alert service — Compliance Updates from Central Asia — which will regularly provide you valuable compliance developments from Central Asia. This service is free.


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Phone: +1 (718) 289 4134

Email: cga@sarsenov-advisory.com