Programme Objective

This course aims to equip participants with a comprehensive understanding of bribery and corruption, covering fundamental concepts, common risk areas, and key legal frameworks. Participants will develop the skills to distinguish between active and passive bribery, identify scenarios prone to bribery and corruption, and apply appropriate ethical practices in interactions with government officials, business partners, and in contexts involving gifts and hospitality.

The trainer will delve into key anti-bribery and anti-corruption (”ABAC”) legislations, including the US Foreign Corrupt Practices Act, the UK Bribery Act, and relevant Singapore laws. Through practical examples and case studies, participants will learn to recognise red flags in procurement and other business processes, assess indicators of potential fraud, and implement effective strategies to mitigate these risks within their organisations.

At the end of this module, participants should be able to:

• Understand what constitutes bribery and corruption
• Identify key red flags that may suggest bribery and corruption risks
• Be familiar with the key global and local ABAC legislations
• Understand the controls implemented to prevent bribery through the receipt of gifts, hospitality, donations or sponsorships
• Detect procurement-related red flags and lapses to proactively address corruption risks.

Programme Outline

Introduction to Bribery and Corruption

• What is bribery and corruption?
• Differences between active and passive bribery
• Types of corruption
• Causes and consequences of corruption
• Scenarios where bribery and corruption may occur
• Introduction to the dos and don’ts when interacting with business partners, government officials, receiving of gifts or hospitality, sponsorships and donations, and recruitment

Gifts and Hospitality

• What are gifts and hospitality in the context of corruption?
• How can gifts and hospitality manifest as corrupt practices?
• Controls that prevent employees from receiving excessive gifts

Sponsorships and donations

• What are sponsorships and donations in the context of corruption?
• How may sponsorships and donations exist as corrupt practices?
• Controls implemented in relation to sponsorships and donations from external parties

Procurement red flags

• Why procurement is at high risk of bribery and corruption
• Common red flags in document management
• Common lapses in internal controls

Key ABAC Legislations

• US Foreign Corrupt Practices Act
• UK Bribery Act
• Prevention of Corruption Act (“PCA”)
• Corruption, Drug Trafficking, and other Serious Crimes Act (“CDSA”)

Training Methodology
Lecture style with exercises / case studies

Closing Date for Registration
1 weeks before programme commencement or until full enrolment

Intended For

This course is designed for professionals across various sectors particularly those who are responsible for managing and mitigating risks related to bribery and corruption within their organisations. It is particularly beneficial for:

• Finance and Accounting Professionals
• Auditors
• Risk Management and Internal Audit Professionals
• Public Sector Finance
• C-Suite & Directors

Programme Facilitator(s)