2nd asia pacific ethics and compliance - ethixbase
TRANSCRIPT
2ND ASIA PACIFIC
FRIDAY, 18TH NOVEMBER 2016PARKROYAL ON PICKERING, SINGAPORE
SUPPORTED BY:
HELD IN:
ETHICS AND COMPLIANCESUMMIT
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ETHICS ANDCOMPLIANCE
WELCOME TO THE2ND ASIA PACIFIC
SUMMIT
LEAS BACHATENEChief Executive OfficerethiXbase
On behalf of ethiXbase, I would like to personally welcome each of you to the 2nd Asia Pacific Ethics & Compliance Summit. Hosting just our second summit, only ten months after the first, we have been inspired by the support we have witnessed from the market, you our attendees, our esteemed speakers as well as the supporting organisations who have made today possible. With over 200 attendees at our first summit in January, today we are joined by more than 350 professionals and continue to be heartened by the growing participation at our summits.
The increasing interest in this event – and growing market focus on anti-corruption compliance and business ethics speaks to a much broader trend. 2016 thus far has seen with it a dramatic eruption of corruption scandals which have catapulted the issues of corruption, and equally anti-corruption efforts to the public consciousness. The market, shareholders and consumers are now demanding previously unparalleledlevels of transparency from businesses – the focus on ‘getting things right’ has never been so intense.
At this summit, we encourage every delegate to take a look – at the market, your organisation and your processes and make a change to help create the type of transparent, open and honest business environment you and your third party business partners wish to operate in.
Today we are joined by a group of esteemed speakers who have done just that – leading key discussions that add to a growing collective voice from a business community looking to make changes within their own countries, economies, organisations or departments. We hope that your attendance here today signifies you are joined with us in our ongoing mission to enhance business ethics and anti-corruption compliance.
TAKE A LOOK – at the market,your organisation and your processes and MAKE A CHANGE to help create the type of transparent, open and honest business environment you and your third party business partners wish to operate in.
JOIN US IN OUR ONGOING MISSION TO ENHANCE BUSINESS ETHICS AND ANTI-CORRUPTION COMPLIANCE.
AGENDA
Panelists:Ceri Lawley – Chief Compliance Officer, International Finance Corporation (IFC), World Bank GroupNatalie Arnold – Regional Compliance Counsel, Asia Pacific, GoogleRoger Clay – Head, Shared Investigative Services ASA, Standard Chartered BankTim Bhatnagar – Asia Head of Compliance and General Manager APAC, Olam InternationalCori Lable – Partner, Ropes & Gray (Moderator)
Panelists:Michael Solari – Special Agent, Federal Bureau of Investigation (FBI)Pahala Nainggolan – Deputy of Prevention, Corruption Eradication Commission (KPK), Republic of Indonesia Katharine Bostick – Director of Compliance & Litigation, MicrosoftShuhairoz Mohamed Shukeri – Head Sector for Regulatory & Enforcement, National Key Results Areas (NKRA) Against CorruptionMenaka Rajasegaran – Ethics & Compliance Leader, Kimberly-Clark Asia PacificLeas Bachatene – Chief Executive Officer, ethiXbase (Moderator)
KEYNOTE SPEECHDr. Julio Bacio Terracino – Deputy Head, Public Sector Integrity Division, Organisation for Economic Co-operation and Development (OECD)
Panelists:Junipah binti Wandi – Deputy Commissioner, Director of Agency Integrity Management Division, Malaysian Anti-Corruption CommissionKeo Thyvuth – Director General, Anti-Corruption Unit, Kingdom of CambodiaElodie Beth – Programme Advisor, Governance & Peacebuilding, Bangkok Regional Hub, United Nations Development Programme (UNDP) Centre for Asia & the PacificBora Nhem – Deputy Director of Legal, Complaint & International Affairs Department, Anti-Corruption Unit, Kingdom of CambodiaDr. Julio Bacio Terracino – Deputy Head, Public Sector Integrity Division, Organisation for Economic Co-operation and Development (OECD) (Moderator)
08:00 - 08:45 REGISTRATION
WELCOME & OPENING REMARKS
PANEL DISCUSSIONWHAT KEEPS US AWAKE AT NIGHT – THE INDUSTRY PERSPECTIVE
MORNING BREAK
PANEL DISCUSSIONTODAY’S ACTIONS AND TOMORROW’S PRIORITIES – THE PUBLIC SECTOR PERSPECTIVE
PANEL DISCUSSIONMANAGING AND MITIGATING RISK EXPOSURE – ENSURING A TRANSPARENT THIRD PARTY NETWORK
08:45 - 09:30
09:30 - 10:30
10:30 - 11:00
11:00 - 12:00
12:00 - 12:45
ETHIXBASE 2.0ZERO COST INSTANT DUE DILIGENCE.
TAKE A LOOK. MAKE THE CHANGE.Sign up for free access at
SCREEN WITHINSTANT DUE DILIGENCEConduct free instant and ongoing due diligence onevery third party in your business network.
ESCALATE WITHINSTANT DUE DILIGENCE PLUSEscalate third parties in need of further review to access one of the world’s largest risk profile databases including Politically Exposed Persons (PEP).
INVESTIGATE WITHENHANCED DUE DILIGENCEBenefit from expert analysis and detailed intelligence with our configurable enhanced due diligence reports. Pay only for what you need!
Learn more at www.ethiXbase.com/2-0
WWW.ETHIXBASE.COM/2-0to conduct instant and ongoing due diligence on every third party in your business network.
100% THIRD PARTY COMPLIANCE.
Panelists:Nurirdzuana Ismail – Head (External Affairs), Office of the Chief Integrity Officer, PETRONASJudie Shen - Director, Anti-Bribery & Corruption, Financial Crimes & Security, Prudential Corporation AsiaCarolyn Cherrett – Asia Compliance Leader, GE AviationEmma Worthington – Global Risk & Compliance Director, APAC, DiageoNakul Gupta – Regional General Manager, Asia Pacific, GE AviationAndrew Dale – Partner, Ropes & Gray (Moderator)
Panelists:Irene Cheung – Director, Standards of Practice, Asia Pacific, CFA InstituteDiego Garcia Gonzalez – Program Director, APEC SecretariatKristina Novakova – Program Manager, Human Rights & Investment Due Diligence Program, Liberty AsiaPeter Ritchie – Regional Anti-Corruption Advisor, American Bar AssociationLeas Bachatene – Chief Executive Officer, ethiXbase (Moderator)
12:45 - 13:30 LUNCH
AGENDA
13:30 - 14:30 PANEL DISCUSSIONSALES VS. COMPLIANCE – EXPLORING THE DISCONNECT AND OPPORTUNITIES FOR ALIGNMENT
14:30 - 15:30 PANEL DISCUSSIONRESPONSIBLE BUSINESS CONDUCT – ALIGNING BUSINESS SUCCESS, ETHICS AND SHAREHOLDER EXPECTATIONS
15:30 - 16:00 AFTERNOON BREAK
Panelists:Chuan-Wei Hoo – Executive Security Advisor, IBM Security APACChristian Karam – Director, Cyber Threat Intelligence, UBS Eddie Toh – Partner, Forensic, KPMG Pamela Kiesselbach – Senior Consultant, Herbert Smith Freehills LLP (Moderator)
16:00 - 16:55 PANEL DISCUSSIONCYBER-GOVERNANCE AND SECURITY – MANAGING COMPLIANCE IN THE DIGITAL AGE
16:55 - 17:00 CONCLUDING REMARKS AND END OF SUMMIT
INSTANT DUE DILIGENCECONDUCT FREE INSTANT AND ONGOINGDUE DILIGENCE ON 100% OF THIRD PARTIES.
ZERO COST INSTANT DUE DILIGENCE.100% THIRD PARTY COMPLIANCE.
Access the ethiXbase 2.0 platform to conduct baselinedue diligence against sanctions and enforcements, alongwith verification of the legitimacy of the company anddirectorship details where available.
� Verify third parties against over 120 million global company records� Check third parties and their associates against one of the largest sanctions and enforcements databases� Save third parties for daily ongoing monitoring� Manage all third parties in one place and report on compliance
ETHIXBASE 2.0
TAKE A LOOK. MAKE THE CHANGE.
WWW.ETHIXBASE.COM/2-0to conduct zero cost instant and ongoing due diligence on 100% of third parties.
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LEARN MORE AT WWW.ETHIXBASE.COM/2-0
DR. JULIO BACIO TERRACINODeputy Head, Public Sector Integrity Division Organisation for Economic Co-operation and Development (OECD)
SPEAKERS
JUNIPAH BINTI WANDIDeputy Commissioner, Director of Agency Integrity Management Division Malaysian Anti-Corruption Commission (MACC)
PAHALA NAINGGOLANDeputy of Prevention Corruption Eradication Commission (KPK), Republic of Indonesia
CERI LAWLEYChief Compliance OfficerInternational Finance Corporation (IFC),World Bank Group
MICHAEL SOLARISpecial Agent Federal Bureau of Investigation (FBI)
SHUHAIROZ MOHAMEDSHUKERIHead Sector for Regulatory& Enforcement National Key ResultsAreas (NKRA) Against Corruption
KEO THYVUTHDirector GeneralAnti-Corruption Unit,Kingdom of Cambodia
ELODIE BETHProgramme Advisor, Governance & Peacebuilding, Bangkok Regional Hub United Nations Development Programme (UNDP) Centre for Asia & the Pacific
INSTANT DUE DILIGENCE PLUSESCALATE THIRD PARTIES IN NEED OF FURTHER REVIEW
ACCESS ONE OF THE WORLD’SLARGEST RISK PROFILE DATABASES
Escalate third parties in need of further review using theethiXbase 2.0 platform. Conduct online due diligence including not only sanctions & enforcements but also politically exposed persons and adverse media related to specific risk areas such as corruption, financial crime, criminality, human rights, environmental crimes etc.
� Verify third parties against over 120 million global company records� Check third parties against one of the world’s largest risk profile databases covering Politically Exposed Persons (PEP), corruption, terrorism and trafficking, human rights violations and many more� Save third parties for ongoing monitoring against the enhanced IDD+ dataset� Set and manage third party risk profiles using ‘My Risk Rating’
LEARN MORE AT WWW.ETHIXBASE.COM/2-0
ETHIXBASE 2.0
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FROM JUST US$29 WITH PACKAGE DISCOUNTOPTIONS. MORE REPORTS – MORE SAVINGS!Sign up for free access at
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PETER RICHIERegional Anti-CorruptionAdviserAmerican Bar Association
SPEAKERS
PAMELA KIESSELBACHSenior Consultant Herbert Smith Freehills LLP
NURIRDZUANA ISMAILHead (External Affairs), Office of the Chief Integrity Officer PETRONAS
KATHARINE BOSTICKDirector of Compliance & LitigationMicrosoft
DIEGO GARCIA GONZALESProgram Director APEC Secretariat
LEAS BACHATENEChief Executive OfficerethiXbase
TIM BHATNAGARAsia Head of Compliance and General Manager APAC Olam International
ROGER CLAYHead, Shared Investigative Services ASA Standard Chartered Bank
ENHANCED DUE DILIGENCEBENEFIT FROM EXPERT ANALYSIS & DETAILEDINTELLIGENCE, ANYWHERE IN THE WORLD.
CONFIGURE YOUR REPORTS &PAY ONLY FOR WHAT YOU NEED
Access the ethiXbase 2.0 platform to gain detailedintelligence on your third parties and their associates using our configurable analyst reviewed Enhanced Due Diligence reports. Reports can be configured based on your risk exposure and business needs, research coverage includes:
� Primary source company registry records� Company background analysis� Directorship search and background profile� Full derogatory local language electronic media
search� Civil litigation, regulatory, criminality and bankruptcy
search� Onsite inspections and interviews� Ongoing monitoring against English language media, PEP, Sanctions, Enforcements & Watchlists
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ETHIXBASE 2.0
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CONFIGURABLE REPORTS START FROM JUST US$100. PAY ONLY FOR WHAT YOU NEED!Sign up for free access at
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ethiXbase 2nd Asia Pacific
Ethics & Compliance Summit
Our highly ranked anti-corruption and international risk
practice regularly assists clients with some of their
most important and sensitive matters, including:
n Defense of government investigations
n Internal investigations involving suspected violations
of the U.S. FCPA and other anti-corruption laws,
securities laws, trade sanctions and anti-money
laundering laws
n Analysis of corruption, money laundering and trade
sanctions risks in multinational transactions
n Development of global anti-corruption, money
laundering, data privacy, sanctions and security
compliance programs
CHRISTIAN KARAMDirector, Cyber Threat Intelligence UBS
SPEAKERS
EDDIE TOHPartner, ForensicKPMG
CHUAN-WEI HOOExecutive Security Advisor IBM Security APAC
ANDREW DALEPartnerRopes & Gray
EMMA WORTHINGTONGlobal Risk & Compliance Director, APAC Diageo
JUDIE SHENDirector, Anti-Bribery & Corruption, Financial Crimes & SecurityPrudential Corporation Asia
KRISTINA NOVAKOVAProgram Manager, Human Rights and Investment Due Diligence Program Liberty Asia
NATALIE ARNOLDRegional Compliance Counsel, Asia Pacific Google
SATISFY INVESTORDEMAND FORTRANSPARENCYAND TRUST
CFA Institute is a global community of more than
135,000 investment professionals working to build
an investment industry where investors’ interests
come first, financial markets function at their best,
and economies grow.
Compliance with the Global Investment Performance
Standards (GIPS®) and Asset Manager Code of
Professional Conduct™ tells investors that your firm
is committed to ethical conduct and puts clients’
interests first.
Adhere to global ethical and professional standards
Learn more at www.gipsstandards.org and
www.cfainstitute.org/assetcode.
© 2016 CFA Institute. All Rights Reserved.
CAROLYN CHERRETTAsia Compliance Leader GE Aviation
SPEAKERS
IRENE CHEUNGDirector, Standards of Practice, Asia Pacific CFA Institute
NAKUL GUPTARegional General Manager, Asia Pacific GE Aviation
CORI LABLEPartnerRopes & Gray
NATASHA WALTERSDirector of Marketing & ContentethiXbase
MENAKA RAJASEGARANEthics & Compliance Leader Kimberly-Clark Asia Pacific
BORA NHEMDeputy Director of Legal,Complaint and InternationalAffairs DepartmentAnti-Corruption Unit,Kingdom of Cambodia
EXECUTIVE CERTIFICATION PROGRAM IN ETHICS & COMPLIANCE
ethiXbase will be launching a three-day executive certification program in advanced ethics & anti-corruption compliance studies, designed for compliance, governance, risk, ethics, operations, legal, audit, forensics and law enforcement professionals from the public & private sectors.
MARCH 15TH – 17TH 2017, MAXWELL CHAMBERS, SINGAPORE
TUTORS
� INSEAD• The Organisation for Economic Co-operation and Development (OECD)• United Nations Development Programme (UNDP)
• National University of Singapore (NUS)• KPMG• Allen & Overy
For further details and to secure your place please contact Rose Zhi Huiat [email protected] or call +65 6536 0084
The course has been built in collaboration with selected leading academic institutions, global authorities and expert industry practitioners. It will be delivered by:
M O S T R E A DANTI-CORRUPTIONAND COMPLIANCEARTICLES
ETHICAL ALLIANCE
2016 TO DATE
01 WORLD: WORLD’S BIGGEST BRIBE SCANDAL
After a six-month investigation across two continents, Fairfax Media and The Huffington Post alleged on March 30th 2016 that billions of dollars of government contracts were awarded as the resultof bribes paid on behalf of leading global firms. The investigation centres on a Monaco company called Unaoil, run by the jet-setting Ahsani clan.
A massive leak of confidential documents has implicated dozens of leading companies, bureaucrats and politicians in a sophisticated global web of bribery and graft and could be the start of a wave of investigations to follow.
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/unaoil-scandal/. Part 1 of the report, ‘World’s Biggest Bribe Scandal, Unaoil: The Company That Bribed the World’ can be found at theage.com.au.
Is there such a thing as a free dinner?Bribery, corruption, and financial crime are complex and
continuously evolving.
It is critical to ensure that your organisation has adequate
policies, procedures, and platforms to prevent, detect and
respond to these threats. KPMG in Singapore’s team of
over 80 forensic professionals understands the complex and
diverse business and cultural landscape in Asia, and can field
qualified, experienced specialists to help you address risks
and respond to incidents.
Speak to one of our professionals today.
kpmg.com.sg
Contact
Owen Hawkes
Partner, Forensic
Eddie Toh
Partner, Forensic
© 2016 KPMG Services Pte. Ltd. (Registration No: 200003956G), a Singapore incorporated
company and a member firm of the KPMG network of independent member firms affiliated with
KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
02 WORLD: ISO 37001 – THE FIRST INTERNATIONAL ANTI-BRIBERY MANAGEMENT SYSTEM STANDARD HAS ARRIVED
Published by the International Organization for Standardization (ISO) on October 14th 2016, ISO 37001 is the first international anti-bribery management system standard designed to help organisations combat bribery risk in their own operations and throughout their global value chains.
Organisations can choose to be certified under ISO 37001, which requires an organisation’s anti-bribery management system to meet minimum criteria outlined by the standard. Providing guidance on anti-bribery good practice, ISO 37001:2016, Anti-bribery management systems – Requirements with guidance for use, outlines measures and controls designed to help an organisation establish, implement, maintain and improve their anti-bribery compliance program.
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/iso37001-arrived/. This article has been drawn from ISO’s news release. The full original article can be found at iso.org.
To learn more about some of the key measures required under ISO 37001 and how ethiXbase can help your organisation satisfy ISO 37001 compliance requirements,please refer to page 26 of this booklet or visit ethixbase.com/iso37001/.
03 WORLD: PANAMA PAPERS: LEAK EXPOSES TAX HAVENS OF WORLD LEADERS AND CELEBS
A massive leak of 11.5 million tax documents on April 3rd 2016 exposed the secret offshore dealings of several world leaders, celebrities and their friends and family members. Those implicated in the leak include the families of Chinese President Xi Jinping, Malaysian Prime Minister Najib Razak and Barcelona forward Lionel Messi, as well as film star Jackie Chan and close aides of Russian President Vladimir Putin.
An investigation into the documents by more than 100 media groups, described as one of the largest such probes in history, revealed the hidden offshore dealings in the assets of around 140 political figures – including 12 current or former heads of states.
The vast stash of records was obtained from an anonymous source by German daily Sueddeutsche Zeitung and shared with media worldwide by the International Consortium of Investigative Journalists (ICIJ).
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/panama-papers-leak/. The full original article can be found at straitstimes.com.
05 WORLD: OECD RELEASES NEW ANTI-CORRUPTION TOOLKIT
04 IRAN: IRAN BILLIONAIRE BABAK ZANJANI SENTENCED TO DEATH FOR CORRUPTION
Iran’s billionaire tycoon Babak Zanjani has been sentenced to death for corruption, a judicial official said Sunday (March 6th 2016), after a long trial in which he was accused of fraudulently pocketing $2.8 billion.
Zanjani became notorious during the era of president Mahmoud Ahmadinejad, finding ways to channel hard currency from oil sales to Tehran despite financial sanctions imposed on the Islamic republic’s banks as punishment for its nuclear programme.
The 41-year-old was convicted of fraud and economic crimes and as well as facing the death penalty he must repay money to the state, judiciary spokesman Gholam Hossein Mohseni-Ejeie said at his weekly press conference.
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/iran-billionaire-sentenced-death-corruption/.
The full original article can be found at gulfnews.com.
A new OECD toolkit aimed at tackling corruption was released at the 2016 OECD Integrity Forum held on April 19th – 20th 2016 in Paris,and can be used by governments around the world. Specifically aimed at the mining, oil and gas industries, the toolkit provides evidence-based analysis to better understand how corruption works.
Titled ‘Typology of risks, mitigation measures and incentives in the extractive chain’, the toolkit examines the sophisticated patterns to channel corrupt payments, and covers a broad spectrum of inter-connected policy areas, including licensing, procurement, tax issues and public financial management.
The full toolkit can be viewed at oecd.org
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/oecd-anti-corruption-toolkit/. The full
original article can be found at globalgovernmentforum.com.
07 SOUTH KOREA: ANTI-GRAFT LAW OFFICIALLY SETS SAIL IN S. KOREA
06 UNITED STATES: WAL-MART BALKS AT PAYING $600-MILLION-PLUS IN BRIBERY CASE
Wal-Mart Stores Inc. is butting heads with the U.S. government over how to wrap up a long-running foreign corruption investigation.
Officials have proposed that the world’s biggest retailer pay at least $600 million to resolve probes by the Justice Department and the Securities and Exchange Commission into whether it bribed government officials in markets from Mexico to India and China, according to three people familiar with the matter. Two of them said that the retailer has rebuffed the government’s request, Bloomberg reported on October 7th 2016.
Such a settlement would rank among the largest in four decades under a U.S. law against bribing foreign officials to obtain business.
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/us-wal-mart-600-million-plus-bribery/. The full original article can be found at bloomberg.com.
A much-debated anti-graft law has officially kicked off on September 28th 2016 in South Korea, calling for workers in certain sectors who should maintain higher ethical standards to refrain from receiving any gift priced beyond a legal ceiling.
Under the Kim Young-ran Law, people working for the government, media outlets and schools are banned from receiving meals priced higher than 30,000 won (US$27), gifts exceeding 50,000 won, and congratulatory and condolence money over 100,000 won.
The law aims to root out corruption and irregularities existing in South Korean society, which has been overlooked by many as mere customs or tradition.
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/south-korea-anti-graft-law-sets-sail/.
The full original article can be found at english.yonhapnews.co.kr.
NAVIGATING COMPLEXITY AND SENSITIVITY TO PROVIDE CLARITY, CONFIDENCE AND SOLUTIONS
Herbert Smith Freehills is proud to be a sponsor of the Ethixbase 2nd Asia Pacific Ethics & Compliance Summit.
With market leading global teams covering corruption and fraud investigations, compliance and cyber security we assist multinationals and financial institutions with their most complex and demanding risk issues.
Corporate criminal conduct and cyber-attacks can have devastating effects. These issues require swift and decisive action, whether preventative or reactive, and in today's global business world often involve multiple jurisdictions.
With one of the largest and most skilled global corporate crime and investigations practices, our world class team spans over 25 countries, bringing outstanding results for clients drawing on market leading legal skills, commercial savvy, local knowledge and insights into the relevant regulators and law enforcement bodies.
In relation to cyber security we work with our clients across the full cyber security life cycle, helping to design and embed cyber security policies and procedures, including incident response planning, training and education.
HERBERTSMITHFREEHILLS.COM
"THE FIRM HAS ARGUABLY THE
STRONGEST ANTI-CORRUPTION
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CHAMBERS ASIA PACIFIC 2016
BAND 1, CORPORATE
INVESTIGATIONS/
ANTI-CORRUPTION
CHAMBERS ASIA PACIFIC
2015, 2016
BAND 1, CORPORATE CRIME
(INCLUDING FRAUD, BRIBERY
AND CORRUPTION)
LEGAL 500 UK 2015, 2016
RANKED AS A LEADING FIRM IN
DATA PROTECTION AND
INFORMATION LAW
CHAMBERS 2016
Contact
Kyle WomboltPartner+852 2101 [email protected]
Pamela KiesselbachSenior Consultant +65 6868 [email protected]
Mark RobinsonPartner+65 6868 [email protected]
09 WORLD: FIFA COMPLIANCE CHIEF QUITS, SAYING CORRUPTION FIGHT THREATENED
08 UNITED KINGDOM: UK FRAUD AGENCY BOSS EXPECTS TO MOVE QUICKLY IN AIRBUS INQUIRY
The investigation is into Airbus’ use of third-party agents to win commercial jet sales.
Britain’s Serious Fraud Office (SFO) is working with French authorities in its investigation into alleged fraud, bribery and corruption at European aerospace group Airbus and expects to proceed “fairly quickly,” its head said on Wednesday (October 12th 2016).
The SFO launched a criminal inquiry in August into Airbus’ use of third-party agents to win commercial jet sales after the company’s compliance teams informed Britain’s export credit agency, which arranges credit guarantees for overseas sales, of inaccuracies.
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/uk-fraud-agency-boss-airbus-inquiry/. The full original article can be found at fortune.com.
FIFA’s head of audit and compliance, Domenico Scala, quit Saturday(May 14th 2016) to protest changes at the top of global soccer’s governing body that he said will imperil efforts to eliminate corruption.
Scala, who was with the organization for four years, said a vote Friday by FIFA to let the ruling council dismiss members of its independent advisory bodies would leave them “in danger of becoming auxiliary agents of those whom they should actually supervise.” The changes were made at the first congress under new President Gianni Infantino.
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/fifa-compliance-chief-quits-corruption-fight-threatened/. The full original article can be found at bloomberg.com.
10 SINGAPORE: TRIAL OF EX-BSI BANKER YEO JIAWEI KICKS OFF IN SINGAPORE, FIRST IN INTERNATIONAL 1MDB PROBE
The prosecution will call nine witnesses in its case against former BSI banker Yeo Jiawei – the first person to be tried for the key role he allegedly played in a massive money laundering operation linked to scandal-hit 1Malaysia Development Bhd (1MDB) fund.
Deputy Public Prosecutor Tan Kiat Pheng, in his opening statement on Monday (Oct 31st 2016) to a packed court room, called the trial the “most complex, sophisticated and largest money laundering case handled by the CAD (Commercial Affairs Division)”, involving the movement of “staggering amounts of moneys across jurisdictions over the course of several years”.
Read more on the Ethical Alliance Daily News at ethixbase.com/eanews/singapore-first-international-1mdb-probe/. The full original article can be found at straitstimes.com.
SUBSCRIBE TOETHICAL ALLIANCEDAILY NEWSJoin over 50,000 members and receive a complimentary daily digest of global compliance and anti-corruption news.
WWW.ETHIXBASE.COM/FORWARD-EANEWS
You may also be interested in subscribing to the below complimentary newsletters:
Responsible Business Conduct – a monthly newsletter focused on business ethics, human rights and corporate social responsibility issues. Visit ethixbase.com/responsible-business-conduct
China Compliance Digest – a weekly newsletter on anti-corruption, compliance and regulatory developments in China. Visit ethixbase.com/china-compliance-digest
SATISFYING REQUIREMENTSWITH ETHIXBASE 2.0
WHAT IS ISO 37001?
Launched on October 14th 2016, ISO 37001 is the first international anti-bribery management systems standard designed to help an organisation establish, implement, maintain and improve their anti-bribery compliance program. It is an ISO-certifiable standard that organisations can choose to undertake, which includes a series of measures that represent globally recognised anti-bribery good practice.
WHO CAN USE ISO 37001?
ISO 37001 is a flexible tool that can be used by any organisation, large or small, whether it be in the public, private or voluntary sector, and in any country. It can be adapted according to the size and nature of the organisation and the bribery risk it faces.
LEARN MORE AT WWW.ETHIXBASE.COM/ISO37001
KEY COMPLIANCE REQUIREMENTSUNDER
� Has your organisation developed and implemented a consistent anti-bribery program along with policies that outline acceptable conduct?
� Does your organisation provide periodic training to staff, management and third parties to ensure that global and local anti-corruption requirements,
regulatory changes and updates to your anti- bribery program and policies are understood and adhered to?
HOW ETHIXBASE CAN HELP
RISK-BASED DUE DILIGENCE & ONGOING MONITORING
ethiXbase offers cost effective and risk proportionate anti-corruption due diligence options that match an organisation’scorruption and third party risk exposure and business needs. Conduct free instant and ongoing due diligence on 100% of your third parties with the ethiXbase 2.0 platform and escalate higher risk third parties through market leading workflows as and when required.
ETHICS & COMPLIANCECOMMUNICATIONS
The ethiXbase 2.0 platform facilitates the communication of important compliance and policy information to your third parties along with regular ethics and anti-corruption content. Benefit from a full audit trail of communications sent, opened, and attested to.
ANTI-BRIBERY TRAINING
ethiXbase offers customisable training programs as part of the Ethical Alliance Corporate Anti-Corruption Program toensure your organisation’s employees, management and third parties are up to-date on required anti-corruption compliance standards such as the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act (UKBA), local laws and regulations, and your organisation’s own standards, codes and policies.
WWW.ETHIXBASE.COM/ISO37001
� Does your organisation conduct regular bribery risk assessments and risk-based due diligence on projects and business associates?
CONTACT US
EVENT PARTNERSHIP & SPEAKING OPPORTUNITIESBen TirebuckDirector of Market Development+65 6536 0084 (Singapore)[email protected]
UPCOMING TRAININGRose Zhi HuiMarket Development Executive+65 6536 0084 (Singapore)[email protected]
CONTENT COLLABORATIONDawn NgMarketing Manager+65 6536 0084 (Singapore)[email protected]
ETHIXBASE THIRD PARTY MANAGEMENT& DUE DILIGENCE SOLUTIONSCall our team on+65 6536 0084 (Singapore)or email [email protected]
ABOUT ETHIXBASE
ethiXbase assists organisations, no matter their size or budget, to shield themselves from allegations of bribery or corruption in their third party network through cost-effective due diligence, ongoing monitoring and ethics and compliance education.
To learn more please visit www.ethiXbase.com