Corruption is a form of dishonesty or a criminal offense, undertaken by a person, or an organization entrusted with a position of authority, in order to acquire illegal benefits or abuse power for one's private gain. Corruption may involve many activities, which include bribery and embezzlement, and it may also involve practices which are still legal in many countries. “Red-flags” provide a warning that illegal activity may be taking place.
Political corruption occurs when an office-holder or other governmental employee acts in an official capacity for personal gain.
The term “red-flag” means a warning, a clue that there may be a problem, a sign of danger. When it comes to bribery and corruption there are a number of signals that are given off in arrangements for various activities that act as warning or red flag that something may be amiss.
This course:
Why Should You Attend:
Corruption and crime are widespread sociological occurrences that appear with regularly in virtually all countries on a global scale in varying degrees and proportions.Political corruption occurs when an office-holder or other governmental employee acts in an official capacity for personal gain.
The term “red-flag” means a warning, a clue that there may be a problem, a sign of danger. When it comes to bribery and corruption there are a number of signals that are given off in arrangements for various activities that act as warning or red flag that something may be amiss.
This course:
- Provides a clear understanding of the world of bribery and corruption.
- Will assist participants to Identify the various red flags that raise warnings about possible bribery and corruption.
- Explains the key element of the compliance function.
- Provides details of the various responses that may be taken to the different red flags.
- These suggested responses can be used as a starting point to help identify the most common third-party red flags, or risk indicators.
Areas Covered in the Webinar:
- Corruption
- Types of Bribery
- Solving the Corruption Problem
- Compliance
- What the Law Requires
- Voluntary Guidelines & Frameworks
- Red Flags
- Corruption Red Flags (Business Process Specific)
- Suggested Responses
Who Will Benefit:
- Directors and all levels of management
- Operations and business staff at all levels in the business
- All forms of commercial and financial firms
- Government agencies and central banks
- Risk Managers
- Compliance Managers
- HR Managers
- Compliance Analyst/Investigators
- Due Diligence Departments or Individuals
- Corporate Management
- Directors, CEOs, CFOs
Speaker
Stanley EpsteinCourse Provider
Stanley Epstein,
