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Anti-Bribery & Corruption - How to Approach 3rd Party Risk

Anti-Bribery & Corruption - How to Approach 3rd Party Risk

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Level
Update: Requires no prior subject knowledge
CPD
1 hour
Viewership
Access for entire organisation

Introduction

It is widely reported that the biggest threat related to bribery and corruption in the UK comes from a lack of visibility over third parties, most of which stem from employees engaging in unethical or illegal activities, such as offering or accepting bribes or kickbacks.

Presented by expert speaker Mandy Hargun, this webinar will offer guidance on how to establish appropriate third-party risk management frameworks and train others on how to prevent commercial bribery, which in turn will ensure businesses avoid hefty fines.

It is particularly important that compliance officers and in-house counsel are up to speed on how to manage third party risk, as whilst the relevant legislation is UK specific, it can have global reach; if a business carries out some of its activities in the UK, irrespective of whether the relevant acts or omissions are committed outside the UK, the business would be guilty if it failed to prevent bribery.

What You Will Learn

This webinar will cover the following:

  • Overview of the Bribery and Corruption Act 2010
  • A brief look into the new Anti-Global Corruption Sanctions Regime (2021)
  • How to approach third party risk at a business
  • How to put in place adequate procedures to prevent bribery and corruption
  • Processes to deal with whistleblowers fairly

This webinar was recorded on 7th November 2023

Preview