Course Details

Conflict of Interest and Anti-Corruption Laws Training Course

INTRODUCTION

This essential training course provides comprehensive knowledge and practical skills for identifying, managing, and preventing conflicts of interest, all within the critical context of anti-corruption laws. Recognizing that conflicts of interest are a primary gateway to corrupt practices and pose significant legal, reputational, and financial risks to any organization, this program equips participants with a systematic understanding of relevant legal frameworks, ethical principles, and robust mitigation strategies. Participants will gain deep insights into recognizing potential conflicts, developing clear policies, implementing effective controls, and fostering a culture of integrity crucial for upholding ethical standards and ensuring legal compliance. This course is ideal for compliance officers, legal counsel, risk managers, procurement specialists, and all personnel operating in environments susceptible to undue influence.

DURATION

5 days

TARGET AUDIENCE

This course is specifically designed for professionals across various functions and sectors who are exposed to potential conflicts of interest and need to understand anti-corruption obligations, including:

• Compliance officers and managers.
• Legal counsel and ethics officers.
• Procurement and sales professionals.
• Senior management and board members.
• Internal auditors and risk managers.

OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the fundamental definitions and types of conflicts of interest.
• Identify key anti-corruption laws and their relevance to conflicts of interest.
• Recognize potential conflicts of interest in daily business operations and decision-making.
• Develop and implement effective policies and procedures for managing conflicts of interest.
• Contribute to fostering an ethical culture that prevents corruption and promotes integrity.

MODULES

Module 1: Foundations of Conflict of Interest

• Define conflict of interest and differentiate between actual, potential, and perceived conflicts.
• Explore various types of conflicts (e.g., personal, financial, organizational, revolving door).
• Understand why conflicts of interest pose risks to individuals and organizations.
• Discuss the ethical principles underlying the management of conflicts of interest.
• Examine the importance of transparency and disclosure in managing conflicts.

Module 2: Introduction to Anti-Corruption Laws

• Understand the core concepts of bribery, corruption, and related illicit practices.
• Explore major international anti-corruption conventions (e.g., UNCAC, OECD Anti-Bribery Convention).
• Discuss significant national anti-corruption laws (e.g., FCPA, UK Bribery Act, national anti-corruption acts).
• Examine the extraterritorial reach of certain anti-corruption legislation.
• Understand the penalties and consequences of violating anti-corruption laws.

Module 3: The Interplay: Conflicts of Interest and Corruption

• Analyze how unmanaged conflicts of interest can facilitate corrupt practices.
• Discuss scenarios where conflicts of interest directly lead to bribery or undue influence.
• Explore the relationship between personal gain and corrupt decision-making.
• Understand how gifts, hospitality, and entertainment policies relate to both concepts.
• Examine real-world case studies demonstrating the link between conflicts and corruption.

Module 4: Identifying and Disclosing Conflicts of Interest

• Learn systematic methods for identifying potential conflicts of interest in various business functions.
• Discuss the importance of a clear and accessible conflict of interest policy.
• Understand best practices for employee disclosure requirements and procedures.
• Explore the role of annual declarations and ongoing monitoring.
• Examine challenges in detecting hidden or undeclared conflicts.

Module 5: Managing and Mitigating Conflicts of Interest

• Develop strategies for effectively managing identified conflicts of interest.
• Discuss options: avoidance, disclosure, recusal, divestment, or oversight.
• Understand the role of internal controls and approval processes for high-risk situations.
• Explore the importance of independent review and decision-making for conflicted matters.
• Examine best practices for managing conflicts involving senior leadership and board members.

Module 6: Building an Ethical and Anti-Corruption Culture

• Understand the critical role of leadership in setting the "tone from the top" for integrity.
• Discuss strategies for fostering a strong ethical culture throughout the organization.
• Explore the importance of continuous training and awareness programs on ABAC and conflicts.
• Examine internal reporting mechanisms and whistleblower protection in this context.
• Learn to communicate the organization's commitment to anti-corruption effectively.

Module 7: Due Diligence and Third-Party Management

• Understand the legal and ethical obligations for conducting due diligence on third parties (e.g., agents, partners, suppliers).
• Discuss how third-party relationships can present conflict of interest and corruption risks.
• Explore best practices for onboarding, contracting, and monitoring third parties.
• Examine red flags associated with third-party transactions.
• Learn about legal requirements for preventing bribery through third parties.

Module 8: Monitoring, Investigation, and Remediation

• Develop a framework for continuous monitoring of compliance with conflict of interest and ABAC policies.
• Understand the process for investigating alleged conflicts of interest or corrupt acts.
• Discuss evidence collection, interviewing techniques, and reporting protocols for investigations.
• Explore remediation strategies, including disciplinary actions and policy enhancements.
• Learn from past incidents to strengthen future prevention and response.

CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com