INTRODUCTION

This Keleaders Anti-Corruption and Anti-Bribery training course explores the definitions and challenges associated with corruption and bribery on a global scale, highlighting the evolution of these issues and the ongoing efforts to combat them. In recent years, the risks related to corruption and bribery have significantly transformed for businesses, financial institutions, and employees alike. It is essential for everyone to understand the new legal landscape that has emerged.

In the past few years, over 20 new pieces of legislation addressing corruption and bribery have been introduced in various countries, including France, Ireland, India, the Netherlands, Italy, Spain, Mexico, Saudi Arabia, Nigeria, Malaysia, and Argentina. Law enforcement actions, fines, and personal liabilities have also seen significant increases. This course will inform you about these developments and how to mitigate the risks of involvement and potential repercussions.

Key topics covered in this Keleaders training course include:

• Definitions of corruption and bribery, and their historical context
• The detrimental impact of corruption on businesses and global economies
• Efforts being made to combat bribery and corruption, and the organizations involved
• Cross-border approaches to tackling corruption
• Strategies for individuals to protect themselves and their organizations

Training Methodology

Participants in this Anti-Corruption and Anti-Bribery training course will receive comprehensive training that combines presentations of core concepts with hands-on practical exercises, utilizing a variety of effective adult learning techniques.

Course Outline

DAY 1: Introduction and Current Trends in Corruption and Bribery

• Overview of principal types of corruption and bribery
• Asset misappropriation
• Understanding the human behavior behind theft
• Global trends in corruption and bribery
• Corruption statistics

DAY 2: Anti-Bribery and Anti-Corruption Strategies

• Managing risks associated with bribery and corruption
• Conflicts of interest
• The Foreign Corrupt Practices Act (FCPA) and compliance review
• The UK Bribery Act
• The role of Transparency International

DAY 3: Anti-Money Laundering

• Understanding placement, layering, and integration
• A typical money laundering scheme
• Historical context: Al Capone and the term “money laundering”
• Enforcement and prevention strategies
• International organizations and initiatives against money laundering
• Recent case studies
• The role of Bitcoin in money laundering

DAY 4: The Role of Internal Audit in Managing Corruption and Bribery

• Audit and assurance as essential controls against corruption and bribery
• The internal auditor’s role in combating corruption
• Techniques for identifying fraud
• Investigation methods for internal auditors
• Prevention strategies for internal auditors

DAY 5: Integrating Fraud Control into Internal Control Strategies

• Levels of internal control
• The Five Lines of Defence model
• Strategies for implementation
• Responsibilities of management and auditors
• Legislation and best practices in corporate governance