compliance with the fight against corruption is an increasingly urgent priority for companies doing business in India. bureaucratic obstacles and the need for regulatory approvals often make compliance with the U.S., UK and local laws particularly difficult given bribe payments are often required to speed up what can be a long process. Even what might be considered small payments can result in large penalties under applicable laws bribery.
With the implementation of the U.S. Foreign Corrupt Practices Act (FCPA) in its highest point, a rebound in local investigations of bribery by the Central Bureau of Investigation, the increased cooperation with foreign regulators, and a broader international agenda to combat bribery, inserted by UK law bribery, companies operating in India should take special care to avoid bribery violations. In recent years, a growing number of companies, including Westinghouse Air Brake Technologies, York International, Electronic Data Services, Textron Inc., and Dow Chemical Company, have been convicted of FCPA violations in India. At the same time, local authorities have taken steps to improve compliance with Indian laws against corruption and a series of high profile individuals and companies are currently under investigation for alleged violations.
Now in its second year, the American Conference Institute India Summit on the fight against corruption is the main event fight against corruption, compliance in the region. 2.011 Our event will bring together an unprecedented power of regulatory and enforcement officials, senior executives of corporate ethics and compliance, and lawyers for the U.S., UK and external venues that will provide crucial information about the landscape India against bribery, how to manage the facilitation payments, identify the basic components of effective enforcement program to combat corruption in India operations and implement effective internal controls to detect and prevent the risks of bribery only Region. Topics will include:
* Processing applications of bribery in obtaining regulatory approvals
* Preparation for the new bribery law in the UK - What crime enterprises, the failure to prevent bribery and procedures under the new law strictly
* Carry out effective due diligence to combat corruption due to mergers and acquisitions
* Preparation for greater control of facilitation payments or "quick money"
* Avoid the pitfalls of gifts, entertainment and hospitality
* Ensure compliance with local agents, business partners and intermediaries
* The implementation of a robust anti-corruption compliance that exceeds the legal and cultural challenges
* Implementation of U.S. Foreign Corrupt Practices Act in India
* Create a business ethics and compliance culture, from the top
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