Bribery & Corruption - Identifying and Mitigating the Risks
Overview
Bribery and corruption are involved in at least 60% of all crimes and are a favoured tool of global organised crime gangs (OCGs), according to global reports. Risk based bribery and corruption controls are vital to all firms to protect the firm, staff, and clients, and to avoid the criminal corporate offence of failing to prevent bribery.
This highly interactive course, designed by a Financial Crime Compliance trainer with more than 40 years of experience, provides participants with a practical approach to identifying, assessing and mitigating bribery and corruption risks.
Who is this for?
This course is ideal for those new to the challenge and management of bribery and corruption risks, as well as to those who are experienced in this area and are looking for a practical and challenging course to enhance and grow their knowledge and skills. This might include:
- Compliance professionals
- Anti bribery and corruption officers
- Procurement staff
- Human resources
- Legal, audit and operational staff
Learning Outcomes
After attending this course, participants will be able to:
- Identify and evaluate the scale and nature of the global threat of bribery and corruption and the methods used by OCGs
- Identify and mitigate the relationship between bribery and corruption
- Apply relevant legislation including from the UK, USA, and others
- Describe different types of bribery risk including associate risk
- Create a firmwide bribery and corruption risk assessment
- Implement mitigation and monitoring controls
Course Details
Session 1
- Overview of the threat of bribery and corruption
- What is bribery? What is corruption? How are they used?
- Global legislation overview and focus on UK Bribery Act
- Significant enforcement actions and their implications
- Identifying firmwide bribery and corruption threats, vulnerabilities, and potential impact
Session 2
- Creating a firmwide bribery and corruption risk assessment and mitigation plan
- Implementing risk-based controls
- Identifying and managing associate risks
- Typologies and red flags
- Supporting staff in high corruption locations
Delivery
All of CCL Academy’s public courses are delivered virtually using Zoom.
Firms with more than 5 staff to train have the flexibility to deliver training in-person by one of our trainers at your premises, or virtually via Zoom, Teams or Webex.
Find out more about your Virtual or In-Person training experience below.
Virtual Delivery
Our virtual training courses are designed to be every bit as engaging as our in-person courses. To achieve this, our trainers use market-leading technology and a range of training techniques to ensure high levels of interaction with participants. Courses include the use of:
- Virtual ‘break-out’ rooms: participants are divided into virtual rooms to facilitate small group discussion.
- Polling: multiple-choice questions, answered anonymously, allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to highlight the practical application of theoretical knowledge.
- Messaging: participants can submit questions and comments, either to the whole group or privately to the trainer.
Additional Benefits:
-
Recording: public course participants have the option to access a recording of the course for one month after the course. In-House clients also have the option to record their training for an additional fee.
-
On-going Q&A: public course participants can access an ongoing Q&A facility allowing them to ask questions relating to the course.
In-Person Delivery
Our in-person training is delivered face to face at your offices, and includes:
- ‘In-the-moment’ questions & discussions: questions through conversations allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to explore practical application of theoretical knowledge.
- Q&A: participants can ask questions during training, either to the whole group or privately to the trainer.
