Zero Tolerance is an expedition to achieve the golden goal of zero tolerance for Bribery, Fraud and Corruption
The Scandinavian countries are the least corrupt countries with order, democratic processes, and an excellent management culture. This global standing requires an individual obligation to implement reasonable and practical business processes with all stakeholders. Therefore, Copenhagen Compliance has since 2006 held a series of conferences, meetings and seminars on Bribery, Fraud and Corruption (BFC) issues on four continents.
Is the continued focus on global Zero Tolerance on BFC achievable? The question that will be discussed at a BFC workshop at the 9th annual European GRC summit in Stockholm.
It is far easier for the global companies to achieve zero tolerance on the fight against bribery and corruption. The sheer size and diversity of the business units, tradition will probably be able to handle and stand on zero tolerance, because of their political clout, resources and experience. Unlike the small and medium size companies often confronted and end up in a "comply or die" in bribery and corruption cobwebs.
At the seminar we will discuss the following headlines as an introduction.
- The comprehensive global jurisdiction of anti-Bribery and Corruption mandates
- What are the the processes and controls to avoid the small facilitation payments as well as the large payments.
- Corruption is an activity that undermines the normal business process, and is detrimental to the economy of any country where it occurs.
- We have to respect other opinions and culture in this globalized world.
Businesses must be aware of increased regulation regarding corruption and how to develop and implement a successful anti-corruption compliance program
The workshop focus on practical steps compliance executives can follow when developing, implementing and refining anti-corruption programs including how to:
- Gain buy-in for your anti-corruption program from senior management
- Conduct effective risk assessments Develop and implement a compliance program that addresses the specific risks your organisation faces
- Create a cost-effective and efficient third-party due diligence program
- Legal framework of the anti-corruption legislation with a particular emphasis on the UK Bribery Act
- Measures which businesses can put in place to minimise the risk of the anti-corruption rules with a particular focus on the "adequate measures" which businesses must put in place in relation to the UK Bribery Act
- Use of agents, distributors and other third parties and the due diligence process businesses must carry out
- Risk assessment used in relation to the policies
- Training and monitoring programs
Speakers: Claus Andersen, LLM of Royds and Andrew Henderson, General Manager, EMEA, The Red Flag Group.
Attend this seminar to find out the details of the steadily increasing number of rules and regulations which governments introduce to combat bribe and corruption means that businesses must allocate more time and resources to review and develop internal controls and policies to comply with the rules. Lack of compliance can lead to a permanent damage to the image of the business, criminal sanctions and fines which are unlimited and therefore can run into millions.
It is also possible to attend the BFC seminar, without attending the entire conference.
