Summary

The Board of Directors has a critical role in overseeing the organisation’s commitment to ethical conduct, integrity and compliance with applicable laws, including those relating to bribery and corruption. The Board is ultimately responsible for ensuring that robust governance frameworks, internal controls and risk management systems are in place to prevent, detect and respond to any instances of bribery and corruption.

The course examines the legal and regulatory framework governing anti-bribery and corruption, identifies the key risks, evaluates the board’s responsibilities and makes recommendations relating to industry best practice.

This course is one of several courses within the Professional Certificate in Risk Management. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

Designed for C-Suite executives in financial services, including CEOs, Chief Risk Officers (CROs), Chief Compliance Officers (CCOs) and Board members including NEDs. Also aspiring executives and senior managers.

Course Objectives

• Understand the legal and regulatory frameworks governing bribery and corruption, including the U.S. Foreign Corrupt Practices Act (FCPA), UK Bribery Act, and similar laws in key jurisdictions

• Recognise the financial, reputational, and regulatory risks associated with bribery and corruption

• Identify red flags and warning signs of bribery and corruption within an organisation

• Analyse real-world case studies of bribery and corruption failures in financial services

• Develop and implement robust anti-bribery and corruption (ABC) programmes

• Understand the role of board oversight and corporate governance in mitigating bribery and corruption risks

• Learn best practices for third-party due diligence and ethical leadership

Course Structure

• Section 1: Introduction to Bribery and Corruption Risk

• Section 2: Risks and Consequences of Bribery and Corruption

• Section 3: Case Studies of Bribery and Corruption Failures

• Section 4: Strengthening Board Oversight of Bribery and Corruption Risks

• Summary

• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 60 and 90 minutes, depending on your pace of learning. Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.