London, UK. January 18, 2012 – Transparency International UK, with the support of FTI Consulting, Inc. and Inmarkets, has launched “Doing Business Without Bribery”, a free anti-bribery training toolkit that includes a comprehensive online training module. The course, available to view at www.transparency.org.uk/training, gives organisations free access to best practice training materials. This will help to prevent and resist bribery more effectively and comply with the UK Bribery Act, which came into force in July 2011. The training toolkit, from the world’s leading anti-corruption experts, represents the next generation of anti-bribery training by providing employees with a range of in-depth realistic scenarios that require participants to make decisions in familiar situations. Employees who complete the course will gain a better understanding of bribery laws and the consequences of violating them and the know-how to avoid bribes when doing business in high-risk countries. The training covers difficult areas of anti-corruption laws; e.g., facilitation payments, and aims to offer clear and practical answers to frequently asked questions such as what is a sensible approach to gift giving and how to undertake due diligence on agents. Chandu Krishnan, Executive Director of Transparency International UK, said: “Six months from the Bribery Act’s commencement, now is the time for companies to strengthen their anti-corruption strategies and ensure that employees have sufficient knowledge in this area. We believe this course is the most comprehensive of its kind and will equip employees with a thorough understanding of the new law and help them deal with a wide range of typical scenarios.” Julian Glass, a Managing Director in the Forensic and Litigation Consulting practice at FTI Consulting, said: “FTI Consulting is pleased to support this training module, which provides organisations with a practical tool to help employees in the front line of a business behave in a way that aids corporate compliance. This is an area of real concern to corporates keen to tackle corruption.” Vivek Dodd, Director, Inmarkets, said: “Unlike awareness-raising programmes, this course uses real-world scenarios to provide in-depth, practical training. The combined input from Transparency International UK, FTI Consulting and Inmarkets has ensured the content is ethically sound, practical, thought provoking and comprehensive while giving learners the flexibility to focus on the issues that are most relevant to the participants. “Inmarkets is delighted to work with Transparency International UK and FTI Consulting to create this second-generation anti-bribery course that represents the benchmark in good practice in terms of content, design and impact." The course has received the endorsement of the business community. Mike Cherry, Policy Chairman, Federation of Small Businesses (FSB), said: “The FSB sees this as a really helpful free resource for businesses of any size trying to understand their obligations under the Bribery Act.” About the “Doing Business Without Bribery” training materials The toolkit offers free access to best practice resources, including a set of PowerPoint presentation slides, a trainer handbook, available for download, and access to an untracked version of the online course, all available at www.transparency.org.uk/training. About Transparency International UK Transparency International UK is the UK chapter of the world's leading non-governmental anti-corruption organisation, Transparency International (TI). With more than 90 chapters worldwide and an international secretariat in Berlin, TI has unparalleled global understanding and expertise. About Inmarkets Inmarkets is a leading e-learning innovator with a strong focus on helping clients to tackle governance, risk and compliance issues. Dealing with every stage of the process from needs analysis and content development through to delivery and audit, Inmarkets provides best advice on how to maximise impact and reduce costs at every level. More information can be found about Inmarkets at www.inmarkets.com. About FTI Consulting FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 23 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.4 billion in revenues during fiscal year 2010. More information can be found at www.fticonsulting.co.uk. Add Comment How effective is anti-bribery training? 03/01/2012
Anti-bribery training has emerged as a key aspect of companies' anti-corruption strategies and the corporate response to the Bribery Act and FCPA. Transparency International UK is publishing a set of anti-bribery training materials that will: · Provide all companies with free access to high quality training materials · Give TI's view of how to resolve typical scenarios including gifts and facilitation payments · Enable companies to benchmark their own training materials against best practice materials The training materials combine the worldwide anti-corruption expertise of Transparency International with the expertise of FTI in anti-bribery investigations and Inmarkets in e-learning and training. This new training program will be launched at an event on 18th January 2012 at The Law Society's Hall, 113 Chancery Lane, London WC2A 1PL. KEYNOTE SPEAKER: Richard Alderman, Director, Serious Fraud Office. 0800 Breakfast and registration. 0830 Presentation, panel discussion and Q&A. 0930 Close Transparency International is the world's leading non-governmental anti-corruption organisation. FTI Consulting is the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value. Inmarkets is a leading e-learning innovator that focuses on implementing critical governance, risk and compliance (GRC) learning initiatives in companies worldwide. UKBA Update 25/11/2011
This week's top bribery news items have been: • SFO denies looking for ‘low hanging fruit’: In a recent speech, Richard Alderman said: “I know what the low hanging fruit are and I'm sure that in a week or so we could find half a dozen cases or more. But that is not our approach. We are looking for the more difficult cases.” • Court clerk jailed in first UK Bribery Act sentencing: The first UK Bribery Act case concluded with court clerk Munir Patel being jailed for three years for a count of bribery, and six years for misconduct in a public office. • SFO to launch inquiry into Olympus scandal: The SFO has become the latest regulator to launch an investigation into Olympus, the scandal-hit camera and endoscope maker. Over the past year, the FSA has identified a number of failings of regulated firms that held client money and client assets. Consequently, the FSA has increased its resource devoted to this issue and now has a specialist unit focused on firms' compliance with its CASS Rules. Non-compliance with client money rules is a leading cause for firms being fined by the FSA, and the fines are 1% of the client money and client assets that your firm holds! Have a look at some of the recent cases below:
EU plans criminal sanctions for Market Abuse 09/11/2011
Last week, the European Commission proposed a draft to update the 2003 Market Abuse Directive to toughen up penalties on traders who manipulate markets. The new provisions:
However, many of the above provisions are already in force in the UK, which, as usual, leads the way in EU financial regulation. UKBA Update 28/10/2011
This week's Bribery Headlines:
Equality & Diversity at Work 04/10/2011
Since the Equality Act 2010 came into force a year ago, you would have updated your company’s Equality policy to accommodate the new protections proposed by the law. But are you delivering the key message about Equality effectively and throughout your organisation? Are you confident your staff completely understand what they can or can’t do on a day to day basis? It is very easy for actions to occur in working life that are discriminatory or harassing. To comply with the law and protect your organisation you need to ensure that your staff are aware and constantly reminded against discrimination and harassment. Inmarkets is a leading e-learning provider, with an off-the-shelf e-learning course – “Equality and Diversity At Work” that can help you engage your staff and achieve the culture change that you need for compliance with the law. This course is recognised as CPD with the Solicitors Regulatory Authority, and looks at all forms of discrimination and offers straightforward examples, challenging the learner to do the right thing throughout the learning process. Inmarkets offers a really simple, efficient and inexpensive process for customising the course to bring in elements of your policy, your business and your organisation. We also offer a fully managed e-learning delivery service - we’ll handle all branding, course assignments, chase-ups, certificates and support - all for a very low fixed cost per user. Throughout the process you will be assisted by your dedicated consultant and a dedicated service manager to give you one point of contact for the customisation and delivery respectively. This ensures that your needs are well understood and you get a personalised service.  Inmarkets and Aviva have been shortlisted for two prestigious e-learning awards for Aviva's ground-breaking Essential Learning program. The program has radically changed the way learners at Aviva undertake their essential learning obligations. The project has been shortlisted for the Training Journal's "E-learning" category as well as the E-learning Age Award's Best "E-learning Project Securing Widespread Adoption" category. UK Bribery Act Group on LinkedIn 05/09/2011
We would like to invite you to join the 'UK Bribery Act' open group on LinkedIn, this group is intended for individuals directly or indirectly involved in Bribery Prevention efforts within an organisation for networking and information purposes. Some of the benefits of joining this group are:
Inmarkets Achieves the Stringent ISO 27001 25/07/2011
 Inmarkets today announced that its e-learning development, portal and delivery infrastructure and processes have been accredited with the ISO 27001 Information Security Management System (ISMS) certification. This certification provides third-party verification that Inmarkets' systems, policies and procedures conform to the information security management standard that helps protect the integrity of our clients' critical and sensitive information. ISO 27001 is the gold standard for Information Security Management System (ISMS). It includes standards for security policies, organizational security, asset classification and control, personnel security, physical and environmental security, systems and network security, access controls, systems development and maintenance, business continuity management, and compliance. Achieving this certification demonstrates Inmarkets' intent to go beyond the requirements of the Data Protection Act (DPA) for ensuring the safety, security and integrity of our clients' vital information. "This certification demonstrates our commitment to provide highly secure e-learning portal and development services from our clients," said Matthew Sciberras, Head of IT Infrastructure at Inmarkets. "ISO 27001 certification required changes to numerous processes, target hardening, penetration testing and on-site examinations by external auditors. This ensures that our systems and controls are the very best available in the e-learning industry and we are doing everything required to safeguard our clients' confidential information and employee data. " |
