Foreign Corrupt Practices Act (FCPA) Compliance
What you'll learn
- Identify what corruption is and how to recognize it.
- Recognize red flags and other warning signs pointing to corrupt practices.
- Identify steps that you can take to better foresee your global corruption risks.
- Articulate the need for ongoing risk assessments and review.
- Identify why third-party due diligence can make or break your program.
- Prerequisite: Exposure to regulatory compliance
- Advanced Preparation: None
Bribery and corruption damages lives, reputations, and businesses. Yet in many countries, bribery is a regular--even accepted--business practice. The direct victims of bribery include businesses that lose out unfairly because of corrupt practices, and on a wider scale, governments and society as a whole.
This course takes an in-depth look at the causes of bribery and corruption, how to recognize red flags, and what companies should consider and include in their compliance programs to ensure that their international partners, agents, consultants, and subsidiaries comply with the rule of law.
This course covers:
- Keys to recognizing, understanding and dealing with corruption.
- The U.S. Foreign Corrupt Practices Act (FCPA), and how to ensure compliance.
- How other countries fight corruption, including the U.K’s Anti-Bribery Act and the OECD’s ‘Anti-Bribery” Convention.
If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Foreign Corrupt Practices Act (FCPA) Compliance. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.
Who this course is for:
- Anyone interested in regulations or compliance
Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.
Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.
Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.
Richard holds a B.S. in International Business Administration from San Jose State University in California.
His professional experience spans over 25 years. The first 5 years were spent with Wells Fargo Bank. Another 5 were spent honing his global banking skills, when Richard was intimately involved with International Trade Finance, Real Time Gross Settlement and Cross Border Banking. Richard then repositioned into the private and high-tech sectors providing high-level consulting services, business analysis, project management and training to a wide range of banking clientele across the globe.
Richard also served as an external consultant to the Bank of Israel in the reform of the Israeli payment systems which included two projects; the introduction of that country’s ZAHAV Real Time Gross Settlement payment system and the inclusion of the Israeli Shekel in the international Continuous Linked Settlement (CLS) system.
He has spent extensive time servicing a diversity of “financial institutional” clients, in China, Singapore, Hong Kong, Philippines, Korea, Malawi, Ghana, Nigeria, Kenya, South Africa, Poland, Sweden, Ireland, Netherlands, Greece, United Kingdom, Norway, Bermuda, and across North America. Clients that Richard has trained & consulted to include with such notable firms as AIB Bank, Eurobank, ABSA Bank, CitiBank, Swedbank, IBM, Montran and Fundtech, as well as many others.
Richard has also filled the role of advisor to central banks on payment systems and technical payments issues. Furthermore, key staff members from the Bank of England, South African Reserve Bank, Central Bank of Ireland, Bank Indonesia, European Central Bank, Norgesbank, Central Bank of Kenya, Central Bank of Tanzania, and Bank of Portugal have attended training sessions presented by Richard.