Corruption & Compliance Asia Congress

The last week of June, I will be attending, presenting and moderating at one of the best conferences focusing on anti-corruption compliance that I have recently seen offered in Hong Kong. If you are a compliance practitioner and want to hear about the most cutting edge best practices regarding the US Foreign Corrupt Practices Act (FCPA), UK Bribery Act or other programs related to anti-bribery and anti-corruption compliance and meet some of the top compliance practitioners in the South and Southeast Asia, you should plan to attend. It is the Corruption and Compliance – Asia Congress, hosted by Beacon. It will be held from Monday, June 24 to Wednesday, June 26, at the Hyatt Regency, Hong Kong. For full details on the event, click here.

Beacon has put together one of the absolute best aggregations of compliance talent that has ever come to Hong Kong for a compliance conference. Included are compliance industry leaders, literally from across the globe, some of the luminaries included are David Lee, a partner from Norton Rose Fulbright; Eric Carlson, from Covington and Burling LLP; Alexandra Wrage, head of Trace International, Isadora Garcia Torres, Vice President & Regional Compliance Officer for Siemens, Matthew Friedman, UN Project on Human Trafficking; and Sam Gibbons, International Compliance Association.

What will be some of the key topics, talks and workshops? How you should take a risk-based approach to directing an effective compliance program, including (1) Conducting an effective corruption risk assessment – What the process should look like; (2) Collecting and integrating insights from all appropriate functions – such as Internal Audit, Business Units, Legal, Regulatory and Quality; and (3) Understanding how regulatory requirements and risks impact the businesses and the organization’s people, processes and technology. Wondered about conducting risk assessments of potential anti-corruption violation in merger and acquisition (M&A) transactions? You will learn about conducting due diligence in your M&A targets and transactions; strategizing on effective pre-deal screening; and, finally, integration of FCPA compliance programs during the post-merger period.

As corporations are increasingly leveraging external or third-party suppliers and service providers to reduce operating costs, together with the heightened level of government scrutiny and the slew of anti-corruption legislations and regulations introduced across multiple jurisdictions, how do you manage the risk associated with third-party? Do you need insight into managing fraud and corruption risks in external or third-party suppliers? If the answer to either of these questions is yes, you will learn how to effectively implement ongoing measures to assess, monitor and mitigate third-party risks; understand the degrees of risk based on various third-party relationships and, finally, hear about the best practices for managing third parties for overall ethics and compliance program excellence.

There will be a session on “Top Gun” corruption risk assessment strategies in which you will learn how to analyzing the probability of corrupt practices within an organization; identify, assess and resolve risk items before they turn into threats; move from the identification of risks to ‘actionable’ information and how to prioritize risks, identify tools to address identified risks and use risk data as guidance on the development of anti-corruption strategies. There will be a session on the leveraging of corruption risk assessments data for effective compliance resourcing strategies in which you can determine how to take an institutional approach to corruption risk assessment to effectively identify weaknesses in the enforcement of rules and regulations within the organization.

Do you need a more in-depth review of an anti-bribery/anti-corruption compliance program? If the answer is yes, I will be leading a half-day workshop on assessing and determining the “health” of the organization’s compliance culture and gaining buy-in from all levels of the organization. In this workshop, you will learn about the following: General awareness of ethical/legal issues that arise at work; Proactive seeking of ethics/compliance advice within the organization; Employee knowledge of workplace rules; Willingness to inform management of problems/deliver “bad news” to management; Employee willingness to report legal violations (e.g. call the “whistleblower hot line”); Employee perceptions that leadership pays attention to ethics and cares about ethical conduct as much as the bottom line; Employee-perceptions of fair treatment within the organization; Institutional ethics and values that are openly discussed and are integrated into decision-making; and Employee perceptions that ethical behavior is rewarded and unethical behavior punished across all levels.

Bottom Line: This is one of the very best FCPA conferences that has ever been staged in Hong Kong. It will offer some of the most cutting edge best practices on a wide variety of issues that bedevil compliance practitioners on a day-to-day basis. This list of speakers is the most ‘A-List’ that has ever been seen at such an event in Hong Kong. You owe it to yourself to attend. I hope to see you there.

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If you are a reader of this blog, you can obtain a 15% discount for the conference by quoting 688TF15D as the registration code.

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This publication contains general information only and is based on the experiences and research of the author. The author is not, by means of this publication, rendering business, legal advice, or other professional advice or services. This publication is not a substitute for such legal advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified legal advisor. The author, his affiliates, and related entities shall not be responsible for any loss sustained by any person or entity that relies on this publication. The Author gives his permission to link, post, distribute, or reference this article for any lawful purpose, provided attribution is made to the author. The author can be reached at tfox@tfoxlaw.com.

© Thomas R. Fox, 2013

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