THE FOREIGN CORRUPT PRACTICES ACT 1977 & UK BRIBERY ACT 2010: CORPORATE ANTI-CORRUPTION COMPLIANCE

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Who should attend this course?

This course is an intermediate level course for which the target audience is compliance officers, the staff of law enforcement agencies, risk management professionals, policymakers, regulators, consultants, auditors, accounting and control officers, and senior practitioners.

Introduction

With increasing globalisation, companies doing business globally are required to comply with a range of laws and conventions, all aiming to combat bribery and corruption in national and international business transactions. Among these laws and regulations are the US Foreign Corrupt Practices Act 1977, the UK Bribery Act 2010, the OECD Convention on Combating Bribery of Foreign Public Officials 1997 and the United Nations Convention on Combating Corruption 2003, which all have a wider application worldwide. 

Although the above laws and regulations prohibiting bribery and corruption are somewhat different in their scope and reach, their aim has been the same – to prohibit bribery and corruption. Violations of applicable laws can result in a huge reputational and monetary loss to companies as well as to individuals, ranging from a fine of up to $2 million for companies under the FCPA Act to unlimited fine under the UK Bribery Act. Individuals can face a fine of up to $100,000 and/or imprisonment under FCPA and a maximum of 10 years imprisonment under the UK Bribery Act. It has thus become imperative for institutions and their relevant staff to understand the applicable laws and their key provisions to ensure effective compliance.

This course aims to provide participants with detailed knowledge of the applicable laws, through relevant practical examples and case scenarios, to enable participants to effectively identify any ‘red-flag’ indicators, analyse the various risks facing their organisation, and to take effective countermeasures to address those risks.

Course objective

At the end of this course, you will be able to:

  • Understand the key provisions of the FCPA 1977 and the Bribery Act 2010;
  • Identify the key risks facing your institution and how to minimise those risks;
  • Analyse the requirement, or the available defence, of ‘adequate procedures’ under the Bribery Act 2010;
  • Identify the ‘red-flag’ situations that can present a risk of law violations;
  • Recognise and respond appropriately to ‘red-flag’ situations;
  • Understand the key essentials of an effective anti-corruption compliance programme; and
  • Propose sound measures for your institution to efficiently comply with the FCPA and Bribery Act requirements.

What will be covered in the course?

  • Discussion on key provisions of the FCPA 1977 and Bribery Act 2010;
  • Case studies or real world business scenarios to help identify ‘red flags’;
  • Essential elements of anti-corruption compliance programmes;
  • Conducting internal investigations and enforcement; and
  • Best practices to manage highly complex and sensitive challenges.
Duration : ONE Day Course (9:00am-5:00pm)

Speaker       Dr. Ramandeep                           Chhiina

Cost              GBP 1475 +VAT                           Per 20 Delegates 

Level            Intermediate

Venue          Onsite Training

Date             As Agreed

Duration       ONE Day Course 

Timings        9:00am-5:00pm

Course Code  FLE 005 

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