Bribery and corruption schemes comprise 35.4% from the well-known fraud cases, having an average loss of $200,000, by the 2018 Report to the.
ANTI BRIBERY AND CORRUPTION
Financial crime covers a wide range of economic miss-conduct or criminal acts, including the risk of bribery and corruption. One way of keeping up to speed with the latest in bribery and corruption is through training and awareness. At Leifs&Williams we can assist you with all your training needs in this respect.
A mere deficiency in sufficient anti-bribery and corruption systems and controls, regardless of whether or not bribery or corruption has taken place, could land you in hot water.
Senior management bears the responsibility for integrity. They must also ensure all efforts are made to tackle the risk that the firm, or anyone acting on its behalf, engage in bribery and corruption, being in the know is the key to making this happen.
An active line of reporting is crucial to enabling this. Any bottlenecks to this process will only result in senior management not having sufficient information provided to them on the risk exposure, and not being fully abreast of bribery and corruption issues.
Our Subject matter expert can help alleviate this problem by stripping back your Anti-bribery and corruption governance structure, looking at
• Senior management roles and responsibilities, and advising on necessary remedial action, to include relevant training if required
• Documented supported evidence
• Integrity and compliance
• Risk assessment
• Policies and procedures
• Dealing with third parties
Our subject matter expert will identify and advise on all deficiencies or missing elements, and guide you through all remedial task and recommendations.
TRAINING AND AWARENESS
Corruption schemes comprise 35.4% from the well-known fraud cases, having an average loss of $200,000, by the 2018 Report to the Nations on Work-related Fraud and Abuse.
These frequently damaging effects, coupled with a remarkable rise in the number of enforcements, make bribery and corruption a vital problem for numerous worldwide organizations. The expansion of anti-corruption laws and regulations to companies presents increased susceptibility.
How can you make sure that your staff that performs a critical function are pursuing the guidelines?
Learn how to safeguard your company by effectively integrating anti-bribery and corruption conformity procedures, in addition to efficient detection and analysis procedures, within your anti-fraud strategy. In this two-day course, you will get a preliminary understanding of typical corruption schemes and anti-corruption legal responsibility, such as the Foreign Corrupt Practices Act (FCPA), United Kingdom Bribery Act along with other anti-corruption legal guidelines. You will learn how to recognize warning signs and also how to handle an international investigation; you will get the knowledge and skills to fight the threat of bribery and corruption within your company.
You’ll Learn: The Best Way to
• Understand the lawful components of bribery and corruption
• Put into practice policies and procedures to conform to the FCPA, United Kingdom Bribery Act as well as other critical anti-corruption initiatives
• Determine common corruption schemes
• Assess the potency of your anti-corruption compliance program
• Carry out third-party due diligence
• React to warning signs of corruption
• Handle investigations across an international border
Who Ought to Attend?
• Lawyers, legal professionals and law enforcement officials
• Controllers and commercial or corporate managers
• Detectives as well as private investigators
• Forensic and management accountants account payable and financial experts
• Governance, risk and compliance specialists
• External and internal auditors, CPAs and Cas
• Business industry experts, teachers and students thinking about the anti-fraud discipline
• All anti-fraud professionals