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Develop an Anti-Corruption Compliance Program, Apr 20, 2011


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An anti-corruption compliance program is a necessity. Find out what proactive steps you can take to plan and implement a program at your company. The participation of Vietnam’s Deputy Inspector General, the Managing Director of Kroll Business Intelligence and Investigations, and Siemens Vietnam’s Head of Compliance in addition to legal experts make this program outstanding.

The FCPA affects small companies as well as large multinationals. For example, executives and employees of a small U.S. company operating in Vietnam were sentenced by a U.S. court in Sep 2010 to up to 16 months in prison and fines for paying bribes of more than $ 250,000 to Vietnamese government officials from 1999 – 2008.

The FCPA also affects non-American companies: Siemens, Daimler AG, BAE Systems, Innospec have each agreed to large settlements following lengthy investigations by U.S. regulators, often with cooperation from governments abroad. And 9 of the top 10 firms that have paid the largest fines are non-U.S. companies.

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Developing an Anti-Corruption Compliance Program, Apr 20, 2011


Event Description

Practical advice for starting an anti-corruption compliance program for your company. The participation of Vietnam’s Deputy Inspector General, the Managing Director of Kroll Business Intelligence and Investigations, and Siemens Vietnam’s Head of Compliance in addition to legal experts make this program outstanding.

While the Foreign Corrupt Practices Act was enacted in 1977, the FCPA became a much bigger threat to public companies in 2010.

Between 2004 and 2007, the Department of Justice and the SEC issued less than $ 350 million in FCPA-related fines. While totals for 2010 have not yet been tallied, fines of nearly $ 1.7 billion had been imposed as of mid-November, more than double the amount in 2009.

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Developing an Anti-Corruption Compliance Program, Apr 20, 2011


WHEN: Wed, Apr 20, 2011, 08:30am – 3:30pm
WHERE: New World Hotel Saigon, Ho Chi Minh City

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