October 17, 2017
3:05 pm-3:50 pm
Breakout 2: Responding to Corruption Risks in the Financial Sector – Assessing Threats and Conducting Investigations
2016 was a record-setting year for anti-corruption penalties and enforcement actions in the US. With several large financial services firms ensnared in anti-bribery cases, and greater international cooperation on enforcement, it’s clear that corruption threats are still a rising risk for financial institutions. In this session, experts take on anti-corruption from two perspectives – first, outlining major trends and risk areas in the field, like the globalization of FPCA enforcement, and then providing guidance on best practices on how to investigate and remediate should corruption and bribery issues come to light within an institution.