ΠΕΡΙΓΡΑΦΗ

Webinar’s overview

Join us for this webinar to analyse bribery and corruption trends and ways to combat them with emphasis on Anti-bribery management systems in line with ISO 37001.

As the global markets try to adjust to the pandemic environment, new initiatives, projects and ventures commence, and as such, the risk for fraud and corruption increases. Cyprus, being a small market, follows its own trends. State efforts towards combating white collar crime in the pre-Covid era included the preparation of the National Anti-Bribery Strategy whereby the implementation of an Anti-bribery management system in line with ISO 37001 is encouraged. The promotion of reporting such crimes is of equal importance. Whistleblowing is immensely significant when it comes to combating such crimes. Directive 2019/1937 on the protection of persons who report breaches of Union Law is set to be transposed to National Legislations by the end of 2021. Specific guidelines have been issued which constitute ISO 37002. 

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the webinar, participants will have an understanding of:

• The current landscape in anti-bribery and corruption in Cyprus
• The requisites for setting up an Anti-bribery Management System in line with ISO37001
• The importance of incident reporting, the requirements of the Whistleblowing Directive, and the guidelines of ISO 37002
• The impact of mitigating bribery and corruption risks.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This webinar is addressed to Chief Executive Officers, Chief Audit Executives, Chief Risk Officers, Compliance Officers, Health & Safety Officers.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Agenda

Join the webinar (8:30 a.m. –  9:00 a.m.)*

Sessions (9:00 a.m. – 12:30 p.m. including two 15-min breaks between sessions)

Introduction (20 min)

• Historical development of bribery & corruption

Current landscape (45 min)

• Cyprus anti-corruption strategy
• Legislation affecting corporations: obligations and consequences

                    o Anti-bribery legislation requirements

                    o Whistleblowing legislation requirements

                    o AML and TF considerations

The importance of an Anti-Bribery management (20 min)

• Benefits of implementing an Anti-Bribery and Whistleblowing system

Implementation of an Anti-Bribery management System in line with ISO 37001 (1 hr and 10 min)

• Setting an Anti-bribery and Corruption Policy
• Assessing the bribery risk and the potential damage as a result
• Setting the roles
• Implementation of controls
• Whistleblowing policy and ISO 37002 guidelines
• Continuous awareness raising
• Internal Audit

Case studies (20 min)

• Failure to detect a bribery and consequences incurred
• Successful implementation of mechanisms to mitigate bribery risk

Closing remarks (5 min)