EXPLORE PROGRAMS
Banks face significant bribery and corruption risk through correspondent relationships, project finance, trade finance, and private banking, as well as through their own dealings with public officials. The CFPOA, the Criminal Code, and OSFI's expectations on the management of operational and reputational risk all apply. This course gives bank compliance, business, and operations staff a working understanding of how bribery and corruption manifest in bank products and relationships, the red flags to monitor in clients and third parties, and how to operate gifts, entertainment, and political contribution policies in a way that won't be mistaken for an improper inducement. Case studies are drawn from CFPOA prosecutions and bank enforcement actions in Canada and abroad.
You will learn the elements of bribery and corruption offences under Canadian law, how to assess bribery risk in correspondent, trade, and project finance lines, how to perform meaningful due diligence on third parties, how books and records and accounting controls expectations apply to banks, and how to escalate concerns through whistleblower and management channels.
Course Cost :
$100.00
