Inmarkets has joined forces with EthicsPoint, a leading provider of integrated hotline and web-based ethics and compliance reporting systems, to provide a complete package for the assessment and management of risk in your organisation. The solutions EthicsPoint offer are a perfect complement to Inmarkets’ essential learning courses, which raise awareness of how to identify and deal with unethical behaviour. The EthicsPoint system offers a mechanism for employees to report such concerns and provides your legal and compliance function with powerful case management tools. To celebrate our partnership, EthicsPoint and Inmarkets are delighted to offer you a discount. If you purchase an Inmarkets e-learning course, you will be eligible to a discount of 10% off your first year subscription fees on any EthicsPoint solution purchased before 31st May 2012.* The EthicsPoint Anti-Bribery Solution helps you: > Gain a more complete picture of the potentially harmful risk events being faced by your organization > Create a defensible position by implementing and documenting your response to the adequate procedures > Reduce the risk of bribes taking place within your organization by providing employees with the ability to bring issues forward quickly, easily and in a uniform manner The solution includes: Whistleblower Hotline and Gift Registry > Anonymous 24x7 hotline/helpline available in 200 languages, giving your employees, vendors and partners the ability to report potential concerns across the globe > Web-based Anti-Bribery Report Form, allowing employees and supervisors to capture potential bribery incidents, misconduct, and inappropriate gifts and gratuities in a uniform manner Powerful Case Management > Identify, audit and track risk events across your entire organization > Fully customizable workflows ensure consistent issue handling and resolution Benchmarking, Analysis and Reporting > Reveal risk trends and patterns from across your organization > Easily create custom dashboards to tracka wide variety of data > Measure year-over-year performance of your compliance program and compare to industry standards * This discount is not available to existing EthicsPoint customers Add Comment We are pleased to announce that the structured e-learning version of Doing Business Without Bribery is now available for purchase from Inmarkets. This course has been developed by Transparency International UK with the support of Inmarkets and FTI consulting, and represents a benchmark in practical anti-bribery training. You can use this course as a part of adequate procedures to raise awareness and/or provide practical training. Unlike the free untracked version of this course available from Transparency International UK, the structured e-learning version enables you to assess your staff's understanding, maintain records and generate reports for audit. Click here to find out more. You may also be interested in the proceedings of the "How Effective is Anti-Bribery Training" conference where we launched the course. 1) Chandrashekhar Krishnan, Executive Director of Transparency International UK, underlined the importance of training and how this follows directly from the Adequate Procedures guidance that TI-UK published last year. 2) Richard Alderman, Director of the SFO, delivered the keynote address in which he spoke about trends in the fight against bribery and corruption in 2012. Click the link below to see the full text of his speech. http://www.sfo.gov.uk/about-us/our-views/director's-speeches/speeches-2012/transparency-international-anti-bribery-training-launch---how-effective-is-anti-bribery-training.aspx 3) Catriona Razic, Director of Inmarkets, introduced the Doing Business Without Bribery E-learning course, and explained how individuals and companies can benefit from using it. Click the following link to view her presentation: http://www.youtube.com/user/InmarketsAntiBribery 4) Lord Newby chaired the panel discussion. The panel comprised Peter Lloyd, CEO of Mabey Bridge, Graham Clarke, Director of Group Security at Centrica, Nick Benwell of Simmons & Simmons, and Julian Glass of FTI Consulting. Some of the key points to emerge were: a. Many companies have created policies, but it is now time to take action. b. Even though a tough stance on bribery may lead to a loss of business in the short term, that can be reversed as the company is seen to be sticking to ethical principles. c. E-learning is an efficient way of training large numbers. However, the people working in the field in higher risk jurisdictions need very specialist training, often on the job.
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. 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. |
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