Course Information

Start Date 3 Dec 2018, Monday
End Date 3 Dec 2018, Monday
Time 09:00 am - 05:00 pm
Venue 100 Orchard Road, Concorde Hotel Singapore
Fee $700 nett (Inclusive of hotel buffet lunch, light refreshments and course materials)
Contact 6720 3333 (Ms Chye Fen) chyefen@asm.edu.sg
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Registration Form

3
Dec 2018

1 Day Anti-Corruption and Anti-Bribery Masterclass for Compliance and Senior Management

INTRODUCTION

Corruption and bribery are major obstacles to the development and successful operation of an organisation. Organisations are increasingly expected to communicate to their stakeholders, internally and externally, the measures and efforts they are deploying to counter and detect corruption and bribery. This means providing for criminal liability of board directors and senior management if it can be shown that they could have done more to prevent the corrupt practices. It also means that third parties should be penalised for corrupt acts committed overseas, say the experts. Thus, of great importance that organisations put in place and review their anti-corruption and anti-bribery policies and procedures to ensure compliance with all relevant regulations. Join us for this 1-day training programme to acquire the knowledge, skills and techniques you need to help your organisation develop an effective Anti-Corruption and Anti-Bribery (ACAB) programme. These fines and imprisonment penalties are unnecessary if you take safety precautions in preventing yourself from breaking the law. Do not put yourself into the hot soup!

Serious and Harsh Penalties of Corruption

A person convicted of an offence under the PCA shall be liable to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 5 years or to both, for each count of corruption.  Singapore’s biggest corruption scandal, involving Keppel Offshore & Marine, has shown up areas in the country’s anti-bribery laws that could be strengthened to better deter graft offences overseas. The maximum fine under Singapore’s Prevention of Corruption Act (PCA) of $100,000 per charge is considered too low, thus the scope of the law will soon be widened so that those in the corporate echelons including board of directors, and those lower down in the scheme of things such as agents, will also be held accountable.

1 Day Workshop on Compliance Policy and Prevention of Bribery and Corruption in Your Organization by Compliance Expert: Mr Sam Gibbins

The workshop provides an overview of key local and international standards and laws that relate to bribery and corruption. It includes an overview of key policy measures a company can take in safeguarding the organisation – in particular around facilitation payments, and gifts and entertainment. We will analyse effective anti-corruption policies and how these can manage risk and meet stakeholder expectations.

Key Takeaways: Helping Organizations Prevent, Detect, and Respond to Anti-Bribery and Corruption (ABC) Concerns

At the end of the course, you will achieve these valuable learning outcomes:

  • Analyse key methods for Corrupt activity
  • Understand about the different regulations, standards and frameworks on corruption
  • Examine the changing nature of regulatory frameworks to prevent financial crime activity, and shifting approach of global enforcement
  • Understand global Anti-Corruption provisions and look in depth into the Prevention of Corruption Act
  • Build an organisational framework to minimise risk related to corrupt activity and financial crime
  • Learn to conduct a corruption risk assessment
  • Acquire the knowledge and skills to design and implement an effective ACAB programme
  • How to effectively respond to corruption allegations and whistle blowers
Who Should Attend?

Board of Directors, CXOs, Senior management, compliance, finance, risk, internal controls professionals who are tasked with the responsibility to develop or enhance the company’s risk management process or who would like to understand more about risk management.

Testimonials

“Sam is very knowledgeable and very precise in explaining the concepts well.” – Chai Yoke Peng, Pioneer Electronics AsiaCentre Pte Ltd

“The trainer is very informative. He provides many real-life examples instead of reading off from the materials. Interesting and beneficial class!” – Rick Tay, Zico Allshores Trust (S) Ltd

“The delivery of the content is very interesting and kept the class well-engaged. His class is high-recommended as he gives practical information using real-life case studies” – Ong Choon Yam, Petrobras Singapore Private Limited

Digital Data Compliance Expert: Sam Gibbins (Certified Compliance Professional and Founder of Complilearn)

Mr Sam Gibbin is the Founder of complilearn, providing specialist and advanced Compliance learning to clients globally. He has extensive experience delivering content across a wide range of Governance, Risk, and Compliance areas, to a variety of industry sectors. Sam spent five years in Singapore working for the International Compliance Association, developing, building and promoting courses under the Financial Industry Competency Standards. Sam worked on the skills and competency-based development framework and associated courses, for Compliance and Anti-Money Laundering with the Asian Institute of Finance and the Asian Institute of Chartered Bankers (formerly IBBM), as well as with the Australian Financial Markets Association. In recent years he has helped establish a number of ‘Compliance Academies’ at global firms.

Sam has completed the Advanced Certificate in Training and Assessment with the Institute for Adult Learning, the in-house training division of the Singapore Workforce Development Agency. He possesses a BA (Hons) from King’s College, University of London, as well as a Diploma in Anti-Money Laundering from the International Compliance Association, a Certificate in Combating Financial Crime from the Chartered Institute for Securities & Investment (CISI) and is also a Certified Compliance and Ethics Professional (International) with the Society for Corporate Compliance and Ethics. He is a Certified Compliance Professional with, and a member of, the International Academy of Business and Financial Management.