Anti-Corruption Compliance

Course description

Understanding and complying with the OECD Anti-Bribery Convention, the US Foreign Corrupt Practices Act (FCPA), and the UK Anti-Bribery Act

This two-day intensive training course offers a practical look at corruption and current anti-corruption practices. It equips participants with a clear definition and guidelines on how to fight it, and offers a set of detailed tools and checklists to help set up an effective anti-corruption programme.

The objective of this training course is to provide all staff from front, middle and back office, with a sound foundation to understanding corruption and comply with anti-corruption standards. This training is provided in a practical “hands-on” manner which allows participants to immediately implement lessons learnt in the classroom.

What will you learn

  • What corruption is and how to recognise it
  • How to set up your own anti-corruption programme and ensure compliance with local regulations as well as international conventions
  • Red flags and other warning signs that point to corrupt practices
  • How to implement a process that will allow you to continually improve your anti-corruption measures without overwhelming your organisation
  • Steps you can take to better understand your global corruption risks
  • The need for ongoing risk assessments and review
  • Why third-party due diligence can make or break your programme

Main topics covered during this training

  • Methods for recognising corruption
  • Defining corruption
  • International acts fighting corruption
  • Recognising bribery red flags
  • The 6 principles for combating bribery
  • Creating an effective anti-corruption program
  • International case studies

Who should attend

This practical hands-on training course is designed for all types of businesses. The following professionals will benefit from participating:

  • Ethics & Compliance Executives / Managers
  • General / Corporate Counselors
  • Corporate Legal Executives / Managers
  • Business Division Managers
  • Branch and Regional Management
  • Supply chain and procurement directors, managers and their staff
  • Board members, especially risk and audit committee chairs and members
  • Heads of market, credit, and operational risk
  • Head of Risk Management
  • Risk Officers
  • Compliance Officers
  • Audit Officers
  • Financial Officers
  • Auditors (External & Internal)
  • Risk management consultants

Anti-Corruption and Anti-Bribery Compliance Programme

Anti-Corruption and Anti-Bribery Compliance Programme

What is corruption?

Understanding corruption

  • Dealing with corruption
  • Current worldwide trends
  • Bribery & corruption risk indicators
  • Solving the corruption problem

How corruption is fought

  • US Foreign Corrupt Practices Act (FCPA)

– What the FCPA prohibits

– What make up a ‘violation’

  • OECD Anti-Bribery Convention

– What the Convention covers

  • UK Anti-Bribery Act

– What the Act covers

How do you recognise corruption? 

  • Corruption defined
  • Most common types of corrupt acts
  • Conditions that facilitate corruption
  • How you combat corruption

Compliance / bribery red flags

  • General red flags
  • Transaction specific red flags
  • Payment related red flags

The six principles for combating bribery

  • Proportionate procedures
  • Top level commitment
  • Risk assessment
  • Due diligence
  • Communication and training
  • Monitoring and review

We examine each of these principles in detail, discussing all the key components of each. The section outlines detailed procedures in order to meet the above principles.

Creating an effective anti-corruption programme

  • A practical approach to creating an effective anti-corruption programme
  • Why a compliance programme is important
  • Components of a compliance programme
  • A timeline for a sustainable programme

A practical “how-to” programme

Hands-on guidance on what companies should consider and include in their compliance programmes to make certain that their international partners, agents, consultants, and subsidiaries comply with the law.

  • Consultant due diligence review
  • What should be investigated?
  • Due diligence information sources
  • Agreement preparation
  • Consultant information package
  • Internal payment controls
  • Protocols, procedures, education and training
  • Internal audit review

Participants are provided with detailed checklists of the key issues that have to be addressed.

DAY 2

Illustrative Case Studies  

  • Application of the ‘six principles’ through a comprehensive series of illustrative case studies. These studies clearly show how the various aspects of the ‘six principles” are applied in practice.

The illustrative case studies cover:

  • Facilitation payments
  • Proportionate procedures
  • Joint ventures
  • Hospitality and promotional expenditure
  • Assessing risks
  • Due diligence on agents
  • Community benefits and charitable donations
  • Top level commitment

Each case study involves detailed group discussion about the potential solutions followed by the presentation of detailed step-by-step procedures.

A Global Compliance Checklist 

We cover in detail the key questions and issues that a company should consider when putting a global anti-corruption regulatory enforcement strategy in place.

Siemens Case Study

This case study examines the corruption scandal and the steps that Siemens subsequently took to recover from this disaster.

 

Trainer

Stanley has an extensive experience in banking and IT specifically regulatory issues, operations, payments, RTGS and the operational risk aspects of banking covering the UK, Europe, USA, Australia and Southern Africa.

Commencing his career at the Standard Bank of South Africa he gained a thorough grounding in all aspects of banking ranging from the bank’s branch system, back-office payments processing. He was also closely involved in the development of electronic banking at the Standard Bank.

On leaving South Africa he joined Fundtech Corporation, a leading US based provider of financial technology. He spent time in their Jersey City, London and Melbourne offices working with various bank clients.

His has been working closely with organisations such as UNCITRAL (United Nations Commission on International Trade Law), Deutsche Bank, the New York Federal Reserve and CHIPS in New York; APACS (Association for Payment Clearing Services), BACS Payment Schemes, the British Bankers Association, CLS  and Barclays Bank in London; Crédit Agricole in France; UBS and Credit Suisse in Switzerland; the central bank in the Netherlands; Alpha Bank in Greece; the central bank in Romania; the central bank in Kazakhstan; Bank Leumi and the central bank in Israel; the Standard Bank, Clearing Bankers Association, STRATE, BankServ and the central bank in South Africa and ANZ and Commonwealth Bank in Australia.

 

FAQ

We offer banking and finance courses as well as soft skills and business management training. You can either attend an open public course in London or Dubai or arrange customised in-house training to be delivered in any of your offices worldwide.

Most of our public courses are run over 2 full days. Some programmes are offered as a 1 or 3 day training.

In-house training is tailored to client’s requirements and can be organised over 1 day, 2-3 weeks or longer.

Public courses are organised mainly in London and Dubai. Occasionally we organise courses in other centres like Paris or New York. Check our public course calendar for the current list of programmes. We use a range of training venues, all in the centre of the cities and with excellent transport links to the airports and train stations.

In London we use venues in the centre (near Oxford Circus station or in Mayfair) or in the City (near Liverpool Street or Moorgate stations).

In Dubai our courses are organised in one of 4-5* hotels in the Deira district. Once you register we will send you detailed information together with accommodation options if required.

Our in-house courses can be delivered anywhere in the world. We work with over 25 trainers worldwide. Contact us do discuss your requirements. Check our list of available programmes.

Our courses are run in central locations from 9 a.m until 5-5.30 p.m. There are 2 coffee breaks and a lunch break. Lunch is always provided in the venue.

Dress code is smart casual.

All our programmes are taught by senior specialists who have spent many years in their respective sectors, working as senior managers and head of departments, so they understand very well the market and the challenges you are facing.

The experience of our trainers allows us to create very practical programmes, focused on current market trends and challenges. You can be sure that you will gain the knowledge which can be instantly applied in your workplace after the course. You will be analysing real life case studies, take part in group exercises and discussions as well as role plays, whenever applicable.

We want our courses to be as practical and interactive as possible so we limit the number of participants in order to optimise your time with the trainer and allow you to ask questions which are important for you.

In order to understand your requirements and expectations, we will send you a pre-course questionnaire.

You will also receive post-course support so if you have any questions after you left the training, you are welcome to contact us.

There are 2 easy ways to register:

  1. Go to the course of your choice and click Register Now button to fill the registration page
  2. Email us to enquiry@eurekafinancial.com

After you register, we will send you registration confirmation and an invoice so you can arrange the payment. Please note that your place is not confirmed until we receive it.

If you register within Early Bird discount period, there’s limited time to arrange the payment in order to be eligible for the discount. You will find all the details on the invoice.

We don’t advise to make any travel and hotel arrangements until you receive full course confirmation from us.

We will send you venue and course details as soon as possible but most likely about 3-4 weeks prior to the course commencement.

You can pay by:

  • Making a bank transfer
  • Debit/credit card
  • Cheque payable to Eureka Financial Ltd. - only within UK

Just mark preferred paying option on the registration form. Whichever form of payment you choose we will always send you an invoice.

If you pay by card, a 2.2% processing fee will be added. We will send you authorisation form so you can give us your card details.

Included in the price of a public course are:

  • Course tutorial
  • Take away course materials
  • Course Certificate
  • Lunch on the days of the training as well as drinks and snacks throughout the course

The price doesn’t include accommodation, flights, transfers and any additional costs outside of the training venue.

Yes, we always offer Early Bird discount, so the sooner you register the more savings you can make. We also offer group discounts and if you register for 2 or more programmes at the same time.

If you are a full time student or unemployed, we offer a 25% discount of the full price of the training. Student ID or unemployment status confirmation is required to claim this discount.

If you attend one of our courses you will be entitled to a special discount for a year after the last course you attend with us. Also, if you have attended and recommended us to a friend, both you and your friend will receive a special discount. You will receive more information about it after you attend the course.

See our Customer Loyalty Discounts page for more details.

All our courses based in the UK are subject to the VAT charge of 20%. This fee is irrespective of the country of residence of the delegates.

You can, however, claim the VAT back by contacting UK tax office - HMRC, and filling the relevant form, as long as you comply with the following rules:

For Delegates coming from the EU countries

If you represent a registered business in another EU country, you can use the Refund Scheme to reclaim VAT you pay in the UK as long as all of the following apply:

  • You're not registered for VAT in the UK and don't have to, or can't be, registered here
  • You don't have a place of business or a residence in the UK
  • You don't make any supplies in the UK

You can find some more information here. In order to claim the VAT you have to fill Form 65.

For the Delegates from Non EU countries

If you represent a registered business in a non-EU country, you can use the Refund Scheme to reclaim VAT you pay in the UK as long as all of the following apply:

  • You're not registered for VAT in the UK and don't have to, or can't be, registered here
  • You don't have a place of business or a residence in the EU
  • You can only use the Refund Scheme if your own country operates a similar scheme and makes it available to UK businesses. If your country has its own Refund Scheme but doesn't let UK businesses use it, you can't claim under the UK Refund Scheme.
  • You don't make any supplies in the UK

If the following rules apply to you, please fill the 65A form and send it to HMRC.

Webinars

You can cancel your participation up to a month before the course and receive a refund minus 10% of the full course value. Between 2-4 weeks before the course you will be charged 50% cancellation fee and if you cancel less than 2 weeks before the course you can only offer your place to a colleague. Up to 2 weeks before the course you can reregister for another edition for 10% reregistration fee if there is another webinar offered or you can rebook for a course in London by paying the difference in price plus 10% reregistration fee.

Classroom Courses

If there is any official travel restriction or difficulty related to the COVID pandemic around the time of the course we will convert the training into a webinar or offer to attend the next classroom edition at no extra cost.

If you are unable to attend the course, you can either send a replacement at no extra charge or, up to 10 days before the training, you can transfer your booking to another edition within the next 6 months paying administrative fee of 20% of the full course price. For any cancellation requests received between 11 days and 4 weeks from the course we offer 50% refund or reregistration to another edition for 25% of the value of the booking. For any cancellation requests received more than 4 weeks before the course date we will offer a refund less an administration fee of 10% of the full course price.

Cancellations must be made in writing (letter or email) and reach our office four weeks prior to the course date. We regret that only limited refunds can be given after this period as per points above. Non-attendance without any notification will be charged at full rate. Your place on a course is not guaranteed until we receive the payment. All payments must be made in full before the course date.

All our trainers have been working for many years in their respective sectors before they begun to teach so they bring a wealth of practical experience to the classroom.

Most of them used to work for 15 or more years in the financial sector and corporate world, and were holding positions of Directors, VP and Senior Managers. Some of them have published books and have written articles for specialised magazines and newspapers including FT, The Independent, The Times etc. You can find detailed biography of each trainer on the page of the course you want to register for.

Yes, you will receive a Certificate of Attendance at the end of the course you attend.

If you have to apply for a Visa to attend a course in the UK, we will issue a letter to support your application. The letter will be issued only after the payment for the course has been made.

It is delegate’s responsibility to obtain a Visa and failure to do so will not make the participant exempt from the cancellation policy.

Anyone suspected of applying for a training course simply to gain a Visa letter will be reported to their embassy.

We will need the following information to issue an invitation letter:

  • Full name as it appears on your passport
  • Date of birth
  • Passport number
  • Passport issue date
  • Passport expiry date

This topic can be arranged on in-company basis. If you have a group of 4 or more we can customise it and deliver in any location worldwide. Contact us to discuss your requirements

WHAT PAST DELEGATES SAY

We are using cookies on our website

Please confirm, if you accept our tracking cookies. You can also decline the tracking, so you can continue to visit our website without any data sent to third party services.