Anti-Corruption Due Diligence Strategies for companies doing business in Eastern Europe & Russia

Jan. 13, 2011 - PRLog -- Acquiring new companies, expanding in to new markets, high employee turnnover or engaging 3rd parties, sales agents and distributors can expose a business to significant regulatory risk. Recent research across Europe has shown that companies will be increasingly exposed to Fraud & Corruption. One of the key drivers for this will be the current economic conditions. With recent news of bribery investigations in Hungary and Croatia -Corporate Fraud and Corruption is taking centre stage in Central & Eastern Europe. While many companies boast of having Ethics & Anti-Corruption compliance programs, they may always not be effective especially when operating in less transparent Jurisdictions like Eastern Europe, Russia, Kazakhstan & other CIS countries.

In this context GCM Parker will host its flagship compliance conference in Prague: "2nd Annual Business Ethics, Anti Corruption & Fraud Prevention Strategies in CEE, SEE & CIS" on the 24th and 25th of March 2011. Senior executives from Transparency International, Parmalat, Tyco, Telefonica O2, Shell, Raiffeisen Bank, GE Oil & Gas, Baxter, Johnson Controls, A.P. Moller-Maersk will be some of the key speakers at this conference.

This conference will give practical insights on:

• Global Developments in Corruption legislation and Enforcement patterns with insights on UK Bribery Act,
FCPA and Italian criminal code
• Learn where bribery can occur when doing business in Eastern Europe, CIS & Russia
• Best Practices and Strategies for good business in weak governance zones
• Emerging Markets Challenges in implementing Ethics, Code of Conduct and Training
• Corporate Case Study on coming out of a FCPA investigation and implementing a robust Anti Corruption compliance program
• Tackling decision points vulnerable to corruption
• Get to grips with local Anti corruption laws and enforcement
• Leading Bank shares their view on how to leverage Internal Audit as an effective Anti-Corruption tool
• Learn how you can manage corruption risks in the supply chain and when dealing with 3rd parties, distributors and agents

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GCM Parker is a promoter of International forums for senior executives seeking new insights into strategic business issues. These meetings include International conferences, management events, Summits and Conventions worldwide.
www.gcmparker.com