Bribery Risks & Red Flags
Participants will learn about key bribery indicators, legal frameworks, and compliance strategies to safeguard organizations from legal and reputational risks.
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Online
Corporates
Beginner
1 hours
Law, Law Professionals
About
Bribery remains a critical challenge in both public and private sectors, leading to financial losses, reputational damage, and legal consequences. This course provides an in-depth understanding of bribery risks, warning signs, and anti-bribery compliance measures. Participants will explore international and Indian anti-bribery laws, corporate due diligence practices, and real-world case studies to strengthen their ability to detect and prevent bribery.
Aim
- To identify bribery risks and common red flags in financial transactions and business deals.
- To educate participants on anti-bribery laws and regulatory frameworks.
- To provide strategies for preventing and mitigating bribery risks in organizations.
- To discuss compliance best practices for reducing bribery exposure.
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Program Objectives
- Explain what constitutes bribery and how it impacts businesses and governance.
- Identify high-risk sectors and business activities prone to bribery.
- Understand red flags associated with bribery and corruption.
- Learn about global anti-bribery laws (FCPA, UK Bribery Act, Prevention of Corruption Act, 1988).
- Develop effective corporate anti-bribery policies and internal controls.
Program Structure
Module 1: Understanding Bribery & Corruption
- What is bribery? Definition and key characteristics.
- Forms of bribery: Facilitation payments, kickbacks, gift-giving, and conflict of interest.
- Consequences of bribery: Legal penalties, reputational damage, financial losses.
Module 2: High-Risk Sectors & Business Activities
- Industries most vulnerable to bribery (construction, government procurement, healthcare, finance).
- Third-party risks: Vendors, suppliers, and intermediaries.
- Risk assessment tools for detecting bribery exposure in businesses.
Module 3: Identifying Red Flags in Transactions
- Unusual payments or invoices (round amounts, excessive commissions).
- Off-the-books transactions and unaccounted expenses.
- Political and business connections influencing deals.
- Frequent government interactions and permits/licenses approvals.
Module 4: Legal Frameworks & Anti-Bribery Laws
- Indian Prevention of Corruption Act, 1988 (Amended 2018).
- Foreign Corrupt Practices Act (FCPA) – U.S..
- UK Bribery Act, 2010 – Strict liability provisions.
- Other international anti-bribery treaties (OECD, UNCAC).
Module 5: Developing Anti-Bribery Compliance Programs
- Steps for implementing a zero-tolerance bribery policy.
- Importance of whistleblower mechanisms and employee training.
- Conducting due diligence on third-party vendors and clients.
Module 6: Case Studies & Risk Mitigation Strategies
- Analysis of major bribery scandals and corporate penalties.
- Best practices from successful corporate anti-bribery programs.
- How companies recovered from bribery-related legal actions.
Participant’s Eligibility
- Corporate compliance officers and risk management professionals.
- Legal professionals and law students specializing in anti-bribery laws.
- Government officials and procurement managers handling contracts.
- Business executives and finance managers involved in high-value transactions.
- NGO workers and journalists investigating corruption cases.
Program Outcomes
- Ability to identify bribery risks and red flags in financial and business operations.
- Understanding of anti-bribery laws and legal repercussions of violations.
- Skills to develop and enforce corporate anti-bribery policies.
- Knowledge of best practices for conducting bribery risk assessments.
- Awareness of whistleblower protections and compliance reporting mechanisms.
Fee Structure
Discounted Fee: INR 5999 USD 85
Batches
Certificate
Program Assessment
Certification to this program will be based on the evaluation of following assignment (s)/ examinations:
| Exam | Weightage |
|---|---|
| Final Online Exam | 50% |
| Project Report Submission (Includes Mandatory Paper Publication) | 50 % |
To study the printed/online course material, submit and clear the mid term assignments, project work/research study (in completion of project work/research study, a final report must be submitted) and the online examination, you are allotted a 1-month period. You will be awarded a certificate, only after successful completion/ and clearance of all the aforesaid assignment(s) and examinations.
Program Deliverables
- Access to e-LMS
- Paper Publication Opportunity
- Self Assessment
- e-Certification
- e-Marksheet
Future Career Prospects
- Growth in anti-bribery compliance and fraud prevention roles.
- Specialization in white-collar crime investigation and regulatory compliance.
- Opportunities in global anti-bribery enforcement agencies and NGOs.
- Expansion into policy advisory roles for government anti-corruption initiatives.
- Advancement in forensic auditing, due diligence, and corporate governance.
Job Opportunities
- Compliance & Ethics Officer
- Fraud Investigator
- Corporate Governance Specialist
- Risk & Audit Manager
- Legal Consultant (Anti-Bribery & Corruption)
Disclaimer
This course is designed for educational purposes only and does not constitute legal advice. Participants should consult legal professionals for specific compliance needs and anti-bribery policies.
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