Understanding and Implementing Compliance within the UK Bribery Act

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Network Outputs - Corporate Governance

Understanding and Implementing Compliance within the UK Bribery Act

Meeting Details

Host: KnowledgeBrief

Venue: Royal Thames Yacht Club

Theme: Understanding and Implementing Compliance within the UK Bribery Act; Impact on procurement contracts

Guest Speakers: Mark Baker, Head of Risk & Assurance from Pentland Brands. Nick Ciancio, Chief Compliance Officer from Global Compliance. Keith Read, Network Associate, Compliance and Procurement.

Members at this innovation lunch discussed:

Procurement Processes; Key Issues and implications arising from the Bribery act
Implications of ethical procurement practice
Ensuring adequate training and consistency across the organisation

Community discussion, share your view

The session addressed some of today’s crucial questions such as:

Meeting Agenda:Understanding and Implementing Compliance within the UK Bribery Act; Impact on procurement contracts

12:30 Arrival, lunch and networking

13:00 Welcome, debate objectives and roundtable of introductions
Barry Donovan, Network Facilitator, KnowledgeBrief

13:15 Understanding and Implementing Compliance within the UK Bribery Act; Impact on procurement contracts

With the UK Bribery Act coming into force on 1st July 2011, its impact on third party contractual arrangements is being assessed by compliance operations in many companies. The three panelists will share the work they are undertaking in the following three areas to tee up the open innovation debates:

13:45 Open innovation debate seeking answers to the following

14:25 Tea, coffee and networking

14:40 Ensuring adequate training and consistency across the organisation
Keith Read, Network Associate, Compliance and Procurement

15:10 Open innovation debate seeking answers to the following

What improvements to existing procurement policy will be requiredto ensure that risks are manageable?
Given the potential personal risk to CPO’s, what other actions should be taken to mitigate future challenge?
What practical steps should Compliance Officers now be taking?

16:15 Roundtable of conclusions

16:25 Summary and forward actions

16:30 Close