Managing and Mitigating Third Party Fraud and Corruption Risks: Your Guide for 2017 and Beyond
Over the past years, heightened anti-corruption laws coupled with intensified third-party fraud enforcement actions in multiple jurisdictions have helped companies and organizations efficiently mitigate and minimize exposure to corruption, fraud and reputational risks.
In this LIVE Webcast, a seasoned team of thought leaders and professionals brought together by The Knowledge Group will provide and present to the audience an in-depth analysis of the best strategies and practical tips in managing and mitigating third party fraud and corruption risks. Speakers will also present recent trends, key legal issues and significant developments surrounding this notable topic.
Key topics include:
- Third-Party Fraud and Corruption Risks: Overview
- Identifying and Assessing Risks
- Policies and Procedures
- Coverage of Third-Party Due Diligence
- Identifying Common Red Flags
- Recent Trends, Developments and Legal Issues
Terry Brody, Senior Managing Director
Alexandra Peterson, Managing Director
Steve Sokolow, Senior Managing Director
- Third- Party Fraud and Corruption Risk: Overview
- Heightened enforcement environment
- Leveraging third parties significantly increases a company’s risk profile
- Fraud scenarios
- Corruption scenarios
- Rigorous compliance and ethics framework to mitigate risks
- Policies and procedures
- Due diligence
- Forensic data analytics
- Compliance audits
- Comprehensive contract with third-parties
- Third Party Risks and Due Diligence
- Preliminary risk assessment
- Due Diligence
- Common Red flags
- Controls to mitigate identified risks
- Ongoing monitoring of third-party relationships
- Data analytics
Michael Huneke, Partner
Hughes Hubbard & Reed LLP
Ernesto J. Alvarado, Attorney
Hughes Hubbard & Reed LLP
- Recent developments in the law related to third party due diligence
- Trends in the use and regulation of third parties
- Legal issues arising from use of third parties
- Brief practical experience
Who Should Attend:
- Attorneys General
- Outsourcing Providers
- Advisers and Consultants
- Risk and Fraud Management Officers
- Regulatory Compliance Officers
- Top Level Management
Michael H. Huneke is a partner with significant experience conducting anti-corruption investigations and compliance program reviews. He advises clients in matters involving the U.S. Foreign Corrupt Practices Act (“FCPA”) and the U.K. Bribery Act, corporate governance and compliance, World Bank and other international financial institution matters. Mike performs anti-corruption investigations and due diligence efforts around the globe, including in connection with the U.S. Department of Justice, U.S. Securities & Exchange Commission, Serious Fraud Office, World Bank and other multilateral development bank inquiries. This experience includes conducting corporate compliance monitorships and compliance program evaluations. He has assisted U.S., European, and Asian clients in designing, administering, and maintaining anti-corruption, integrity compliance, and corporate governance programs.
Michael H. Huneke is a partner with significant experience conducting anti-corruption investigations and compliance program reviews. He advises clients in …
Ernesto J. Alvarado is an associate in the Washington, D.C. office of Hughes Hubbard & Reed. Ernesto assists clients with matters involving the Foreign Corrupt Practices Act, U.K. Bribery Act, international anti-corruption law and compliance, third-party due diligence, and internal investigations. He has conducted reviews of client operations in the oil & gas, defense, and aerospace industries, and has conducted due diligence on business partners and commercial consultants throughout the world. In addition, through a secondment to a large multinational defense company, Ernesto provided general in-house legal advice on numerous topics ranging from due diligence activities and risk analysis to compliance trainings for internal and external parties. Prior to joining Hughes Hubbard, Ernesto interned at the U.S. Department of Justice (DOJ) where he assisted in facilitating the extradition request for individuals charged with war crimes during a military dictatorship in Latin America. Additionally, he worked in the Office of the Inspector General for the Organization of American States (OAS) where he participated in internal investigations, audits, and prepared final reports for the OAS General Assembly.
Ernesto J. Alvarado is an associate in the Washington, D.C. office of Hughes Hubbard & Reed. Ernesto assists clients with …
Terry Brody is a Senior Managing Director at Ankura based in New York, NY and Parsippany, NJ. Terry has 15 years of experience advising clients on complex litigations, conducting regulatory investigations, and managing multibillion-dollar government budgets and programs. Drawing upon his unique leadership experiences in government and the private sector, Terry regularly conducts complex investigations, provides compliance counseling, and delivers independent monitoring and reporting services for organizations that allegedly engaged in misconduct or that proactively seek to reduce the risk of noncompliance with applicable laws, regulations, and authorities.
During a distinguished career in public service, Terry served on the New Jersey Attorney General’s executive team and also helped establish and lead a central recovery office charged with coordinating the State of New Jersey’s multibillion-dollar disaster recovery effort following Hurricane Sandy. Earlier in his career, Terry worked at two large law firms representing clients in complex commercial litigations, corporate investigations, and regulatory matters, and advised executives and board members on corporate governance requirements and compliance best practices.
Terry Brody is a Senior Managing Director at Ankura based in New York, NY and Parsippany, NJ. Terry has 15 …
Alexandra Peterson is a Managing Director at Ankura based in New York. She has more than nine years of multi-industry experience directing large-scale investigations, conducting due diligence, providing litigation support, and handling data privacy and security matters. Alexandra has extensive compliance and monitorship experience, which includes assessment of internal controls and procedures and the review, creation, and implementation of compliance and training programs at multinational companies and financial institutions. Alexandra also has expertise in managing internal investigations relating to the Foreign Corrupt Practices Act.
Prior to joining Ankura, Alexandra was a manager of monitoring and investigations at Guidepost Solutions, specializing in corporate integrity monitoring, regulatory compliance, and financial investigations. Earlier in her career, Alexandra practiced law in New York and Washington, DC, focusing on litigation and investigations under the FCPA. Alexandra is a Certified Information Privacy Processional (CIPP/US) and a member of the Women in the Legal Profession Committee at the New York City Bar Association.
Alexandra Peterson is a Managing Director at Ankura based in New York. She has more than nine years of multi-industry …
Steve Sokolow has a 24-year background working in the pharmaceutical industry; advising executive leadership; and working on matters related to the Foreign Corrupt Practices Act (FCPA), False Claims Act (FCA), corporate governance, internal investigations, and litigation. Previously, Mr. Sokolow was vice president and general counsel of Novartis Services Inc. where he oversaw litigation and investigations for its U.S. operating companies including Novartis Pharmaceuticals, Sandoz and Alcon; managed its New York office operations; and advised the parent company, a Swiss multinational pharmaceutical group. He also served as lead counsel on FCPA matters and managed internal and government investigations. Earlier in his career, Mr. Sokolow spent five years in private practice with two prestigious law firms and began his legal career with the New York County District Attorney's Office as an Assistant District Attorney serving under District Attorney Robert M. Morgenthau. He tried more than 30 cases.
Steve Sokolow has a 24-year background working in the pharmaceutical industry; advising executive leadership; and working on matters related to …
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Method of Presentation:
Experience in anti-bribery and corruption laws
NASBA Field of Study:
Management Services - Technical
NY Category of CLE Credit:
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About Hughes Hubbard & Reed LLP
Hughes Hubbard & Reed LLP is an international law firm ranked for ten years, including five years in a row as the top-ranked New York-based firm, on The American Lawyer’s A-List of what the magazine calls “the top firms among the nation’s legal elite.” Our attorneys advise and represent clients in over 30 specialized practices from offices in New York, Washington, D.C., Paris, Los Angeles, Miami, Jersey City, Kansas City, and Tokyo. For more information, please visit www.hugheshubbard.com.
Ankura is an expert services firm defined by HOW we solve challenges. Whether a client is facing an immediate business challenge, trying to increase the value of their company or protect against future risks, Ankura designs, develops, and executes tailored solutions by assembling the right combination of expertise. We build on this experience with every case, client, and situation, collaborating to create innovative, customized solutions, and strategies designed for today’s ever-changing business environment. This gives our clients unparalleled insight and experience across a wide range of economic, governance, and regulatory challenges. At Ankura, we know that collaboration drives results.
About Guidepost Solutions
In a world where change is certain, experience is the best protection. Guidepost Solutions offers global investigations, compliance and monitoring, and security and technology consulting solutions for clients in a wide range of industries. Our expert team provides leadership and strategic guidance to address critical client needs across the globe. Experience guides us. Solutions define us.