Bribery and corruption risks in a volatile climate: are you prepared?

Learn about recent anti-bribery and anti-corruption developments and evolving regulations.

With organizations adjusting to a post-pandemic era along with rising geopolitical instability, it is becoming increasingly challenging for them to act with integrity. The EY Global Integrity Report 2022: emerging markets perspective highlighted that stakeholders’ expectations of businesses to act ethically are growing and pressures to report on an organization’s environmental, social and governance (ESG) commitments are translating into international standards. In this environment, corporate messaging is not enough to create a culture of integrity – companies need to act to bridge the gap between intentions and behaviors.

At the same time, government agencies across the world, such as the US Department of Justice (DOJ), the Securities and Exchange Commission, and the UK Serious Fraud Office (SFO) as well as regional and local authorities, remain highly active and have recently sanctioned various organizations with record high penalties for paying bribes to government officials to win or retain business, including several cases in Asean.

Stricter enforcement globally and across Asean not only results in significant monetary penalties and reputational damage for the affected organizations, but also potentially criminal liabilities for the companies’ officers, directors, employees and agents. As a result, bribery and corruption continues to be a key compliance risk for management.

In this webinar, speakers from EY Forensic & Integrity Services and EY Law practices will discuss recent anti-bribery and anti-corruption (ABAC) developments and the evolving regulations. They will also share insights on implementing an effective ABAC management system in accordance with the ISO37001, including key components such as whistleblowing, third-party risk management, transaction forensics, and data analytics for ABAC monitoring.

Key speakers:

• Ramesh Moosa, EY Asean and Singapore Forensic & Integrity Services Leader
• Philipp Kloeber, Senior Manager, Forensic & Integrity Services, Ernst & Young Advisory Pte. Ltd.
• Kareena Teh, Partner, LC Lawyers LLP

Partners from EY Forensic & Integrity Services teams in Asean will share local insights and perspectives during the panel discussion.

Panelists

• Stevanus A. Sianturi, Partner, PT Ernst & Young Indonesia
• Joyce Lim, Partner, Ernst & Young Consulting Sdn. Bhd.
• Brian Wong, Partner, Ernst & Young Consulting Sdn. Bhd.
• Roderick M. Vega, Partner, SGV & Co
• Stacy Chai, Partner, Ernst & Young Advisory Pte. Ltd.
• Martin Tupila, Partner, Ernst & Young Advisory Pte. Ltd.
• Hiranthi Fonseka, Partner, Ernst & Young LLP
• Wilaiporn Ittiwiroon, Partner, EY Corporate Services Ltd.
• Saman Wijaya Bandara, Partner, Ernst & Young Vietnam Ltd.

This event is now over. For enquiries, please contact the organizer.