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KEY ELEMENTS OF AN EFFECTIVE ANTI-BRIBERY AND CORRUPTION (ABC) PROGRAM

KEY ELEMENTS OF AN EFFECTIVE ANTI-BRIBERY AND CORRUPTION (ABC) PROGRAM

DATE: 2 – 4 NOVEMBER 2020 | From 12:00 to 14:00 LEBANON TIME / GMT+3


الخلفية: 

Anti-bribery and corruption enforcement actions are rising and getting tougher globally including the Middle East. Financial and Non-Financial Institutions across all economic sectors should be aware of the serious consequences of bribery and corruption violations. Understanding the regulations and the best practices around anti-corruption and bribery is critical to successful businesses. In the last few years, several organizations have been subjected to suspicious wrongdoing or major fines that have significant negative impacts on their business including managers and employees that have been prosecuted on criminal charges for financial crimes. Safeguarding the financial Institutions’ reputation is an important mission therefore it is critical to ensure that the institutions have a sound Anti-Corruption and Bribery (ABC) program and framework. The international communities and business practices are more and more interrelated; thus, it is also important to understand and comply not only with the national legislation but also with the international regulations such as the US Foreign Corruption Practice Act (FCPA) or the most recent the UK Bribery Act.

Anti-bribery and anti-corruption measures are the key elements of the institution compliance strategy. This should include the deployment of a robust training program to keep all employees from the front office to the top-level executives continuously aware of the organization principles, values and ethics. Effective training on ABC program will help employees at all levels understand their roles in protecting the reputation of the institution as well as the legal serious repercussions of the bribery and corruption cases.

Union Arab Bank is pleased to hold an anti-bribery and corruption training to assist members to ensure that they are effectively compliant with the latest national and international anti-corruption and bribery regulations and practices. 

DAY 1: MONDAY 02 NOVEMBER, 2020

12:00 -13:00 Key Notes 1 – Dr. Haytham Yassine, Assistant Deputy Director – Special Investigation Commission (SIC) – Lebanon
The role of financial intelligence Unit (FIUs)in fighting corruption

13:00 – 13:30 Key Notes 2 – Dr. Badr El-Banna, Crime Prevention and Criminal Justice Officer, Corruption and Economic Crime Branch, United Nations Office on Drugs and Crime / Expert of the World Bank – UNODC Stolen Asset Recovery Initiative (StAR)
The Role of the Banking Sector in an Effective Anti-Corruption Framework

13:30 – 14:00 Key Notes 3 – Mr. Malek Costa, Assistant General Manager – Group Compliance – Blom Bank – Lebanon
Auditing ABC Program: Role, Scope and Reporting

DAY 2: TUESDAY 03 NOVEMBER, 2020

Mr. Mohamad S. Mansour, Member of the Incorporation Committee, Group Head Compliance, Power Bank, Qatar

Elements of an ABC Programme
• Governance:
• Firm-Wide Policy
• Establishment of a Control Environment
• Risk Assessment
• Training and Awareness
• Monitoring for Compliance with Controls
• Customer-Related Corruption Risks
• Examples of enforcement action on real life corruption cases.
Purpose of a Risk assessment
• Organization
• Responsibility
• Scope of the risk assessment
• Rating of risks

13:00 – 13:30 Mr. Mohamed Daoud, Business Development Director – Refinitiv
Third Party Risk and ABC Program
• Third-Party Risk definition and approach
• Type of sanctions and global watchlists for ABC & Third-Party Risk
• A structured approach to Enhanced Due Diligence (EDD) for ABC

13:30 – 14:00 Mr. Mohamed Daoud

• Corporate Governance and Corporate Social Responsibility
• Importance of Environmental, Social & Governance (ESG) trends in
Investment and ethical business

14:00 Questions / Responses and seminar closure

DAY 3: WEDNESDAY 04 NOVEMBER, 2020

12:00 -14:00 Mr. UWE Weber – FICO, Principal Consultant, EMEA at FICO – Germany
Bribery & Corruption: The impact and consequences in your business
• Introduction
• Use cases
– Case study analysis
– Risk factors
– Early warnings
• How to implement effective processes to identify and to investigate bribery/corruption related cases

For more information and registration kindly send an email to: [email protected]

نوفمبر 02 2020

مكان

اتحاد المصارف العربية

St. Mina, Omar Daouk, Al Hosn, Beirut
Beirut, لبنان

+ Google Map

Phone:

9611377800

Visit Venue Website

KEY ELEMENTS OF AN EFFECTIVE ANTI-BRIBERY AND CORRUPTION (ABC) PROGRAM

KEY ELEMENTS OF AN EFFECTIVE ANTI-BRIBERY AND CORRUPTION (ABC) PROGRAM

DATE: 2 – 4 NOVEMBER 2020 | From 12:00 to 14:00 LEBANON TIME / GMT+3


الخلفية: 

Anti-bribery and corruption enforcement actions are rising and getting tougher globally including the Middle East. Financial and Non-Financial Institutions across all economic sectors should be aware of the serious consequences of bribery and corruption violations. Understanding the regulations and the best practices around anti-corruption and bribery is critical to successful businesses. In the last few years, several organizations have been subjected to suspicious wrongdoing or major fines that have significant negative impacts on their business including managers and employees that have been prosecuted on criminal charges for financial crimes. Safeguarding the financial Institutions’ reputation is an important mission therefore it is critical to ensure that the institutions have a sound Anti-Corruption and Bribery (ABC) program and framework. The international communities and business practices are more and more interrelated; thus, it is also important to understand and comply not only with the national legislation but also with the international regulations such as the US Foreign Corruption Practice Act (FCPA) or the most recent the UK Bribery Act.

Anti-bribery and anti-corruption measures are the key elements of the institution compliance strategy. This should include the deployment of a robust training program to keep all employees from the front office to the top-level executives continuously aware of the organization principles, values and ethics. Effective training on ABC program will help employees at all levels understand their roles in protecting the reputation of the institution as well as the legal serious repercussions of the bribery and corruption cases.

Union Arab Bank is pleased to hold an anti-bribery and corruption training to assist members to ensure that they are effectively compliant with the latest national and international anti-corruption and bribery regulations and practices. 

DAY 1: MONDAY 02 NOVEMBER, 2020

12:00 -13:00 Key Notes 1 – Dr. Haytham Yassine, Assistant Deputy Director – Special Investigation Commission (SIC) – Lebanon
The role of financial intelligence Unit (FIUs)in fighting corruption

13:00 – 13:30 Key Notes 2 – Dr. Badr El-Banna, Crime Prevention and Criminal Justice Officer, Corruption and Economic Crime Branch, United Nations Office on Drugs and Crime / Expert of the World Bank – UNODC Stolen Asset Recovery Initiative (StAR)
The Role of the Banking Sector in an Effective Anti-Corruption Framework

13:30 – 14:00 Key Notes 3 – Mr. Malek Costa, Assistant General Manager – Group Compliance – Blom Bank – Lebanon
Auditing ABC Program: Role, Scope and Reporting

DAY 2: TUESDAY 03 NOVEMBER, 2020

Mr. Mohamad S. Mansour, Member of the Incorporation Committee, Group Head Compliance, Power Bank, Qatar

Elements of an ABC Programme
• Governance:
• Firm-Wide Policy
• Establishment of a Control Environment
• Risk Assessment
• Training and Awareness
• Monitoring for Compliance with Controls
• Customer-Related Corruption Risks
• Examples of enforcement action on real life corruption cases.
Purpose of a Risk assessment
• Organization
• Responsibility
• Scope of the risk assessment
• Rating of risks

13:00 – 13:30 Mr. Mohamed Daoud, Business Development Director – Refinitiv
Third Party Risk and ABC Program
• Third-Party Risk definition and approach
• Type of sanctions and global watchlists for ABC & Third-Party Risk
• A structured approach to Enhanced Due Diligence (EDD) for ABC

13:30 – 14:00 Mr. Mohamed Daoud

• Corporate Governance and Corporate Social Responsibility
• Importance of Environmental, Social & Governance (ESG) trends in
Investment and ethical business

14:00 Questions / Responses and seminar closure

DAY 3: WEDNESDAY 04 NOVEMBER, 2020

12:00 -14:00 Mr. UWE Weber – FICO, Principal Consultant, EMEA at FICO – Germany
Bribery & Corruption: The impact and consequences in your business
• Introduction
• Use cases
– Case study analysis
– Risk factors
– Early warnings
• How to implement effective processes to identify and to investigate bribery/corruption related cases

For more information and registration kindly send an email to: [email protected]

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