Anti-Corruption Compliance

Anti-Corruption Compliance

Corporate ethics, integrity and social responsibility are now especially important to organizations. Owners and executives understand that a company performs better when a compliance culture, in the broadest sense, has been built and embraced.

External expectations are changing too. Shareholders, investors, employees, consumers and civil society organizations increasingly favor companies with clear values and a reliable, ethical reputation. Many organizations position themselves as ethical brands, and the compliance function helps ensure that the declared standards are met. Failing to meet them exposes the organization to significant risks.

Corruption risk is one of the main reasons investors and partners are cautious. In response, organizations develop and implement anti-corruption compliance programs, and the compliance function ensures adherence to anti-corruption legislation and other regulatory requirements.

In Russia, the obligation of organizations to take measures to prevent corruption is established by Federal Law No. 273-FZ “On Combating Corruption,” so a well-built compliance system is needed not only by large companies but by businesses of any size.

Compliance as a business culture

New regulatory requirements and market expectations show that ethical business conduct and reputation protection are becoming a condition of competitiveness. The compliance function ensures adherence to anti-corruption requirements.

Seminar objective

To give participants practical knowledge of how to organize and run an anti-corruption compliance function in an organization.

5 reasons to attend the seminar

1. Learn Russian practice in managing compliance risks in organizations.
2. Get practical recommendations on implementing a compliance function.
3. Understand what a compliance program is and what elements it consists of.
4. Master third-party due diligence and the hotline as the main tools of a compliance program.
5. Get answers to your questions about compliance management in the real economy.

Who it is for

• Senior and middle managers of companies and financial institutions.
• Heads and specialists of internal control and economic security units.
• Heads of compliance units, compliance specialists, lawyers.

Seminar program

1. International and Russian regulatory documents on compliance and anti-corruption: the FCPA, the UK Bribery Act, the Federal Law “On Combating Corruption” and others.
2. Recent changes in anti-corruption legislation.
3. Setting up a compliance unit in an organization:
   • the unit's objectives and the procedures for achieving them;
   • the functions and job responsibilities of a compliance manager;
   • interaction with other units within the key components of the compliance system;
   • compliance reporting.
4. The compliance program and its elements in practice:
   • senior management commitment (“tone at the top”);
   • identifying regulatory requirements and assessing risks;
   • control procedures;
   • communications;
   • compliance investigations.
5. The hotline as a tool for improving internal processes and engagement with stakeholders.
6. Third-party due diligence.
7. Questions and answers, discussion of the outlook for the compliance function.
8. Wrap-up.