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Bribery, corruption and fraud...

Boards in the firing line - How exposed are you?

Event date: 11/10/2016

Companies face an array of business risks and boards need to have confidence in their internal control systems and processes to deal with the demands of a dynamic commercial environment, particularly at local, national and international levels.  Board directors can face criminal prosecution in certain areas if things go wrong and NEDs in particular can feel exposed if the executive team do not monitor, check and feedback adherence to basic compliance matters.

The Bribery Act has been in place for six years and the initial focus seemed to be on low level hospitality policies.  More recently the Serious Fraud Office (‘SFO’) indicated that it wanted to extend the burden on companies to protect against fraud as well as bribery.  In February 2016, Sweett Group PLC were sentenced and ordered to pay £2.25 million following an investigation into the activities of an agent in the Middle East.  We are delighted that Patrick Sinclair is able to join us as our headline speaker - Patrick was the CFO of the Sweett Group at the time of the SFO investigation. He will be able to take us through some of his personal experiences - both good and bad! 

With Patrick's insight, we will explore how you should go about making sure that your internal programmes are "adequate" and robust.  How far should a NED go in challenging the management team?  What independent enquiries can a NED make to "stress test" the areas such as anti-bribery, corruption and fraud programmes?  What are the experiences of other NEDs in doing so?

This interactive roundtable event, hosted by Hogan Lovells, in partnership with the Non-Executive Directors’ Association (‘NEDA’), will look at the findings of Hogan Lovells' recent "Steering the Course" report that identifies the practical challenges faced by companies (based on conversations with over 600 Chief Compliance Officers).  Michael Roberts and Liam Naidoo, from the firm's Investigations, White Collar and Fraud team, will help you to use these findings to navigate the compliance programmes of your own companies when making an assessment of the adequacy of dealing with bribery, corruption and fraud.

Please join us for what promises to be a challenging and thought-provoking event.


Date and Time

11 October 2016 – 16:00 - 18:30


Venue

Hogan Lovells
Atlantic House
Holborn Viaduct
London
EC1A 2FG


Speakers

Patrick Sinclair
Former CFO,
Sweett Group Plc.

Liam Naidoo
Counsel,
Hogan Lovells

Michael Roberts
Partner,
Hogan Lovells

Please click here to register