Third Party Due Diligence Requirements Explored!
Companies conducting business beyond domestic markets are implementing due diligence programs to screen and monitor third parties and agents. The complexity of third party networks is increasing in business and thereby is posing greater risk of fraud, bribery, and other mis-conducts that are addressed in the Foreign Corrupt Practices Act (FCPA).
The strong focus upon the FCPA by the U.S. Department of Justice and the Securities and Exchange Commission makes third-party diligence an important issue. Increasingly, it is imperative that businesses and their counsel develop effective compliance programs to minimize third-party risks.
During this valuable CLE course, our panel of key thought leaders and practitioners assembled by The Knowledge Group will provide a review and thorough discussion of the Foreign Corrupt Practices Act and Third Party Due Diligence Requirements for 2015.
The authoritative panel will discuss the special risks created by various types of third-party intermediaries and agents, best practices under the FCPA for due diligence, and provide sound strategies for designing due diligence programs when conducting business around the world.
Key topics include:
- The FCPA and Third-Parties
- Third-Party Due Diligence
- Third-Party Due Diligence Requirements
- Back-ground Checks, Investigation, Audit, & Training
- Utilizing Due Diligence
- Mitigating Regional and Local Risks
- Threats from Uncooperative Third Parties
- Recent Enforcement and Penalties
- Compliance Program Design & Best Practices
William P. Barry, Partner
Richards Kibbe & Orbe LLP
John Auerbach, Principal
Ernst & Young LLP
- Enforcement trends in Regulatory Environment (external factors making this a big deal)…Alstom
- Process of actually performing the Diligence Process…Basic Risk Assessment
- Compliance Program Design
Who Should Attend:
- Anti-Corruption Lawyers
- In House Counsel
- Internal Investigators
- Top Level Management
- Private and Public Companies
- Executives and Directors
- Other Related/Interested Professionals and Organizations
William Barry is a Litigation Partner at Richards Kibbe & Orbe LLP. He regularly advises clients on a broad range of issues involving securities enforcement, white collar and securities fraud litigation, as well as compliance with The Foreign Corrupt Practices Act, money laundering and insider trading requirements.
Mr. Barry guides clients through the complex issues involved in responding to inquiries from domestic and international regulators regarding issues of accounting fraud, foreign bribery and other financial crimes. He also represents clients responding to competing demands in parallel proceedings, such as internal reviews, government investigations and private civil actions.
Mr. Barry has been recognized in the area of White Collar Criminal Defense by The Legal 500 United States and has been designated as a Certified Anti-Money Laundering Specialist by ACAMS. He also serves as a member of the American Bar Association's International Anti-Money Laundering Committee and International Anti-Corruption Committee.
William Barry is a Litigation Partner at Richards Kibbe & Orbe LLP. He regularly advises clients on a broad range …
John is a principal with Ernst & Young LLP’s Fraud Investigation & Dispute Services (FIDS) practice in New York and leader of the FIDS Integrity Diligence practice. He has over 17 years of forensic investigation and compliance experience on engagements around the world.
Until December 2013 John was managing partner of the FIDS Greater China practice, based in Shanghai. He has a decade of experience conducting anti-fraud and corruption risk assessments and investigations, as well as pre-transactional due diligence, for a broad range of multinational companies in China and throughout Asia.
Prior to joining EY, John was a Managing Director and head of mainland China operations for Kroll Inc., and Director of Kroll’s Anti-Money Laundering Services practice in New York. At Kroll, he led numerous background diligence engagements throughout China, from routine background checks to complex business intelligence.
John is a principal with Ernst & Young LLP’s Fraud Investigation & Dispute Services (FIDS) practice in New York and …
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About Richards Kibbe & Orbe LLP
Richards Kibbe & Orbe LLP is a dynamic and entrepreneurial firm with deep experience and relationships in the financial markets and the business community. RK&O conducts a highly collaborative practice through approximately 70 lawyers based in New York, Washington, D.C. and London. We routinely represent financial institutions and investment funds in high-value corporate transactions and complex litigation matters. RK&O’s key attribute is the ability to find thoughtful, creative solutions to the hardest legal problems, in a manner carefully tailored to our clients’ objectives. We always seek to provide precisely the technically excellent, informed and efficient service we would want to receive as a client.
About Ernst & Young LLP
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About EY’s Fraud Investigation & Dispute Services
Dealing with complex issues of fraud, regulatory compliance and business disputes can detract from efforts to succeed. Better management of fraud risk and compliance exposure is a critical business priority — no matter what the industry sector is. With our more than 3,000 fraud investigation and dispute professionals around the world, we assemble the right multidisciplinary and culturally aligned team to work with you and your legal advisors. We work to give you the benefit of our broad sector experience, our deep subject matter knowledge and the latest insights from our work worldwide.