Chairman’s welcome and introductions
THEME 1: RISK MANAGEMENT: PRACTICES AND PROCEDURES TO SUCCESSFULLY AVERT RISK
Risk: Definitions and strategies to help be prepared
- Where does risk arise?
- Legal risk mapping: identifying, managing and clarifying legal risk
- How do you identify general and specific risk to your company?
- Integrating legal risk into the overall business risk management framework
- Risk tolerance: what is your internal board comfortable with, and how much will be tolerated by the authorities?
- Which action should you take against the identified risk: reduce, transfer, eliminate, accept?
- Approaching compliance as a risk management function
- Managing multiple enterprise-wide agendas: mapping risk as an individual business and at a group level
Protecting your brand and reputation
- Best ways to battle libel issues
- Corporate reputation: what can you implement to avoid brand damage and dealing with the fall out post crisis?
- The role of ethics in your brand
- Social media as a risk to the business
- Establishing internal and external procedures to limit social media risk
Contracts: Risk vs reward
- Measuring risks while drafting your contracts: ensuring your bases are covered
- How to manage your and others’ contractual terms and conditions
- Limiting exposure to financial and reputational loss: managing contracts agreed to by other parts of the business
- Adhering to regulations especially whilst working with a third party
- Handling breach of contract
- Financial assessments of international third parties and practical realities of international breach of contract
- Processes used to manage contractual exposure
Fighting a seemingly never-ending online risk
- Managing cyber security and minimising the impact of attacks
- Implementing successful cyber defence capabilities to cover all bases
- Defending from within: educating staff
- Protecting confidential information and risk of data loss, for both internal and customer data
- Working practices risk: ‘bring your own device’ policies and ensuring data safety
- Identifying new risks with the growth of the online world
- Key to drafting effective policies
THEME 2: WALKING THE COMPLIANCE TIGHTROPE: ARE YOU ON TRACK?
Tackling financial crime: Anti-Money Laundering and the 4th European Directive
- How to address and disclose money laundering
- Applying the money-laundering directives in practice
- The 4th European Directive: what it means and how to keep your business safe
- Reactions between the SRA and firms: how will this affect you
- Using technology to combat financial crime
- Third party screening: what limits do you set and where?
Break Out Sessions
1. Managing risk with third parties: supplier chain
- Conflict of interest across the supply chain
- Controlling the risk of corruption in your supply chain
- What to look out for as a channel business
- Whistleblowing and product liability: what to do when an issue has been raised with a product but it goes to market either way?
2. Successfully implementing sanction compliance procedures
- Establishing a compliant approach
- Equipping your team
- What compliance programmes are available and which should you be putting into place?
- Tackling individual consequences
- Peter Townsend Legal Counsel, RSA Insurance Group
3. Dealing effectively with the regulators
- Risk committees and how they work
- When to notify regulators of an anomaly
- Internal investigations
- Building trust with the regulators
- International cross border investigations
- Dawn raids: raid process, policy and training
- Zoe Bucknell Group General Counsel and Company Secretary, OneSavings Bank
THEME 3: IDENTIFYING AND PREVENTING RISK ARISING FROM WITHIN THE COMPANY
Keeping corporate crime at bay in your company
- Preventing bribery: lessons learnt from the UK Bribery Act and what to implement to stay compliant
- What indicators to look out for staying on the right side of the Bribery Act?
- Investigating and preventing financial fraud
- Managing risk whilst still obeying the Corporate Governance Code
- DPA’s: one year on, does this system work?
- Implementing DPA’s: what procedure to follow and what practical implications could you face?
Combatting risk as an individual
- Building and executing a fully comprehensive risk and compliance procedure
- Working with the rest of the business: Head of Finance, Audit teams, Head of Risk and Compliance
- The rise of the Chief Risk Officer or Compliance Officers
- Creating and embedding an ethical business culture and ethical terms of conduct
- Whistleblowing: Implementing the whistleblowing process and how this works cross-borders
THEME 4: THE INTERNATIONAL LANDSCAPE
Doing Business Abroad: International Champagne Roundtables
The room will be split out into the following 5 roundtables. Delegates will be encouraged to pick 2 and spend 30 minutes at each one, moving from table to table to learn from each country.
As the legal team in both a national or international business, it is important that you stay completely aware of how to manage risk and corporate governance whilst doing business abroad, especially in emerging markets or high risk parts of the globe. Expansion in a new country means high exposure to many risks: licenCes, taxes, regulations to which you have to comply. Should you be expanding abroad as an independent party or due to a partnership?
- Difficulties and risks of effective client systems in the USA: very high regulations and fines
- Overseas impact of US policies
- Regulations applicable to non-US companies who deal in USD
- Working across different States
- Application of US legislation to other parts of group
- How to avoid litigation in US courts
- Tom Shropshire Partner, Linklaters
Russia and the Ukraine
- Current sanctions
- Unpredictability of regulatory and litigation risk
- Fighting bribery and corruption
- James Kindon Former Group Head of Compliance, ENRC
The Middle East
- Problems doing business in the Middle East- Islamic Finance
- Dealing with migrant workers
- Oral agreements
- Problems with bribery, ie. Qatar World Cup
Emerging Markets and Africa
- How to break into BRICS and African markets and issues arising trying to do business here
- Combatting bribery and corruption
- Working in an underdeveloped legal system
- Joss Saunders General Counsel and Company Secretary, Oxfam
- Learning from the GSK case
- How to fight bribery in China: what can you implement?
- Key concerns about dealing with China
- Keeping your brand safe and protecting your IP