Keys to an Effective Anti-Corruption, Ethics and Compliance Program Part 1

Learning Objectives

• To appraise the importance of training and follow-up
• To analyze the advantages of ISO 37001 certification and how to get it
• To assess how to instill ethics from the top of the organization

Course Description

The most challenging aspect of anti-corruption compliance is ensuring that it is integrated into company operations and the overall business strategy. In the same way that security regulations are only effective if they are accepted, understood and implemented by all, anti-corruption procedures require employees to accept and appreciate their effectiveness in order to ensure appropriate implementation. 

Although talented people with the best intentions design anti-corruption compliance procedures, they are up against audacious individuals who can be very creative at bypassing company rules. It is, therefore, necessary to question our way of addressing the issue on a regular basis. Compliance must evolve constantly to adapt to the ever-changing methods used by criminals. 

Businesses are coming under increased scrutiny, both at home and abroad, to ensure that their domestic and foreign operations comply with anti-corruption and anti-bribery legislation. International trends towards tougher legislation and increased enforcement of anti-corruption laws internationally make non-compliance a real risk that companies must address as a business priority. There are significant financial, business, and reputational repercussions to not having an anti-corruption policy and effective compliance program in place. These could include criminal charges, hefty fines, and lost revenues. Corruption has widespread economic effects – such as the development and quality of infrastructure – and social effects – like the erosion of trust and threats to national security. 

Beyond the illegal exchange of money, corruption can include the agreement to exchange a bribe, hiding the information through bookkeeping, encouraging employees to seek out unethical agreements or preventing them from going to the authorities. 

On a positive note, a shift in the cultural acceptance for corporate corruption is occurring as awareness of the issue spreads globally and corporations embrace a more level playing field on which to do business. 

A robust ethics and compliance program is much more than just policies and documentation. Ethics and compliance must be ingrained in the company culture and fostered throughout a company’s processes and interactions. This workshop outlines strategies for creating and maintaining a strong ethics and compliance program that will keep companies safe from corruption and associated risks. 

The workshop is divided into 2 webinars of 4 CPE hrs. each. This first webinar of the workshop discusses the following:

Key topics:

• Anti-bribery prohibitions
• What constitutes bribery and corruptions 
• Gifts & hospitalities
• Consequences of corruption 
• Anti-corruption training and certifications for employees 
• Training Executives on Anti-Corruption Laws: Best Practices
• Advantages of ISO 37001 certification and how to get it 
• Accountabilities and Behaviors – Setting the Tone at the Top
• Ways that a company can establish and reinforce tone at the top

Click to access more webinars on Free Ethics webinars | Free CPE webinars | Excel CPE Webinars 

Overview

• Introduction

  3 mins
• The Fraud Triangle

  19 mins
• Destroyed faith

  40 mins
• Compliance

  56 mins
• Human aspects of ethical dilemmas in an organizational context

  71 mins
• Corporate Cultural

  100 mins
• Anti-Corruption Compliance

  114 mins
• Does the Standard define bribery?

  156 mins