Key Details

Duration: 3 Hours

Delivery method: In-house

Overview

Implementing robust measures against bribery and corruption continues to be a priority for governments and law enforcements internationally. In the UK, the Bribery Act 2010 is wide-ranging in scope, and places significant obligations on firms. In particular, Senior Management need to ensure that they put in place comprehensive and effective...

Implementing robust measures against bribery and corruption continues to be a priority for governments and law enforcements internationally. In the UK, the Bribery Act 2010 is wide-ranging in scope, and places significant obligations on firms. In particular, Senior Management need to ensure that they put in place comprehensive and effective measures to prevent bribery and corruption.

This course provides a comprehensive overview of the principal issues relating to the prevention of bribery and corruption. It considers the Bribery Act 2010 and its offences plus the guidance issued by the Department of Justice, with emphasis on the six principles laid out in the guidance to assist firms in establishing their own proportionate, effective regimes. It also considers the role of enforcement agencies and regulators, with particular reference to the expectations of the Financial Conduct Authority (FCA).

Who is this for?

This course is designed for those with responsibility for ensuring the firm complies with its legal and regulatory obligations in relation to ABC. This could include Senior Managers, MLROs, Deputy and Assistant MLROs, Compliance Officers and Internal Auditors. The course is also suitable for junior Compliance and Financial Crime Prevention staff, typically those with 1-3 years of experience, who wish to further develop their knowledge and professional skills.

  • The origins of the Bribery Act
  • The scope of the Bribery Act
  • The bribery offences
  • The Department of Justice’s Guidance and its Principles
  • Ongoing compliance with obligations from the Act
  • The role of the regulator

After attending this course, participants will be able to:

  • Describe the global approach to prevention and detection of bribery and corruption
  • Explain how the UK’s Bribery Act 2010 fits into the global ABC picture
  • Apply the UK’s Department of Justice Guidance in a proportionate but effective manner
  • Ensure that Senior Management have established an on-going compliance regime that they are able to monitor effectively
  • Understand and explain the regulator’s role in compliance with the Bribery Act