Page 42 - Verracy's 2019 Course Catalogue

Navigating FCPA and UK Bribery Act Building a Comprehensive Global Ethics and
Compliance Compliance Program

CE-105 16 CE-106 24

CPEs CPEs

Global anti-corruption enforcement has never been more active. There have been dramatic changes to the Compliance and Reg-
The Yates Memo, increased incentives for whistleblowers ulatory environment over the past decade and multinational
through Frank-Dodd, the SEC’s “broken window” policy toward organizations face greater scrutiny and penalties than ever
large and small violations, and the Department of Justice’s U.S. before. Compliance and Ethics Programs that are not robust
Foreign Corrupt Practices Act (FCPA) Pilot Program have led to and continually improving are considered inadequate by govern-
a significant increase in enforcement and penalties. In 2016 ing bodies. Building a robust global compliance program pre-
FCPA enforcement led to actions against 27 corporations, re- sents many challenges. A broad-based approach that includes
sulting in $2.41 billion in penalties. In March of 2018 the Seri- a global risk assessment, strong tone at the top, buy-in from
ous Fraud Office (SFO) successfully prosecuted the first “fail- across the business, cross-functional teams, and cultural aware-
ure-to-prevent” case under the UK Bribery Act. FCPA compliance ness is key to success. Today, organizations are expected to ex-
is not just for business conducted on foreign soil—it requires hibit a commitment to ethics and show good corporate citizen-
“books and records” and an internal controls provision that ship through policies and procedures that facilitate compliance
applies to all publicly listed companies. The SEC continues to with laws and regulations that govern their industry.
push an expansive view on the internal controls provision of
the FCPA where adequate controls in centralized accounting This course teaches professionals the skills necessary to design,
functions are no longer enough. develop, implement, and manage a comprehensive day-to-day
global compliance program—including regulatory requirements
This course will educate participants on the legal and regulatory and best practices in compliance and ethics programs and prac-
frameworks of the UK Bribery Act and the FCPA and how to tices. The course features best practices, relevant case studies,
establish a compliance program to deter, prevent, detect, and and participant exercises. It is industry specific for regulatory
minimize legal violations. requirements and will show how to avoid common pitfalls

What You Will Learn: What You Will Learn:
• Key elements of the FCPA, UK Bribery Act, and other signifi- • Understanding the FCPA and UK Bribery Act
cant anti-corruption initiatives • Learning the 7 Elements of an Effective Compliance and
• Determine whether specific transactions violate the FCPA, Ethics Program from the Federal Sentencing Guidelines
the UK Bribery Act, or both • Implementing effective multinational whistleblower
• Identify the essential elements of an effective FCPA and UK hotlines
Bribery Act compliance program • Understanding Tone at the Top and its effect on culture
• Best practices for an FCPA and UK Bribery Act risk assessment • Implementing an effective risk-assessment process
• The six principles of preventing bribery under the UK Bribery • Understanding penalties for noncompliance, and whom
Act to contact for help
• Recognize common red flags associated with bribery • Learning to identify a bribe and a facilitation payment
• Learn how FCPA is enforced and the penalties for violations • Understanding the risks of kickbacks and their implications
• Identify best practices for conducting bribery investigations • Learning to develop effective training and awareness
and writing investigation reports programs
• Effective ways to respond to bribery-related issues
Group Live | 2 Days | Intermediate | Regulatory Ethics Group Live | 3 Days | Intermediate | Regulatory Ethics
Who Should Attend: Risk, Audit & Compliance Professionals Who Should Attend: Risk, Audit & Compliance Professionals
Prerequisites: Professionals with at least 2 years of experience Prerequisites: Professionals with at least 2 years of experience