Part 2 of this podcast series discusses the tools and techniques that organizations rarely consider when looking to build effective anti-corruption programs. This podcast outlines recommendations on how organizations can reduce the demand for corruption and strengthen their own position in withstanding bribe demands. Full synopsis
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Take proactive steps to safeguard your organisation from demands for bribes
What can organisations do to safeguard themselves from corruption risk, especially when looking to expand operations in foreign markets where corruption risk exposure could be significant? While there are a number of existing tools that can dramatically reduce corruption both on the demand and supply sides, very few are known at all, and even less is known about the ability of these tools to reduce corruption.
This podcast addresses:
- Recommendations of key tools and techniques organisations can employ to reduce the demand for bribes and strengthen their ability to refuse to pay bribes.
- In particular, how can political risk insurance (PRI) protect against bribe demands?
- What organisations need to understand about positioning themselves in the host country when doing foreign business.
Please click here to view Part 1 of the podcast series, which discusses the different types of corruption to consider when designing an effective and practical anti-corruption program while exploring real world scenarios.
Alan Franklin, JD, LLB, LLM
Alan works as a consultant and educator in the field of international legal business risk issues. He is Managing Director of Global Business Risk Management, which provides consulting and educational conferences to international investors, bankers, lawyers and accountants.
Alan developed and teaches International Business: Understanding and Managing Legal Risk for Athabasca University Executive MBA program, an inter-disciplinary course combining law, ethics, risk management, corporate governance and international human rights issues.
He works closely with Transparency International (Canada) and the RCMP on corruption issues. He is also a member of the Columbia University Law School Teaching Business and Human Rights Forum.
Alan has published articles on corruption such for OECD such as Effective Programmes to Combat Corruption vs Programmes Intended Primarily To Satisfy SEC, DOJ or SFO http://www.oecd.org/cleangovbiz/Integrity-Forum-16-Alan-S-Franklin.pdf and for the Canadian Business Ethics Research Network Foreign Corruption: Differentiating Illegal Acts from Legal Acts http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2759972
He has a JD from the University of Toronto and an LLM in international law from the London School of Economics.
Keith Minty, P Eng, MBA
Keith Minty has over 25 years of open pit and underground mine exploration, development, construction and operating experience in the global mining industry primarily in North America, Africa and in the Middle East. Since 1997, Keith has held many senior executive and board positions in public and private mineral resource companies. Currently, he is the President and CEO of Hunter Bay Minerals Plc., a TSX:V listed mineral resource company. In 2014, Keith as a partner co-founded Stope Capital Advisors Inc., a Toronto, Canada based firm that provides technical, commercial and financial advisory and capital sourcing services to the mineral resource industry and select other sectors. Prior to Stope Capital Advisors Inc., Keith was based in Dubai, U.A.E. as the Chief Operating Officer of the mineral resources division of Thani Investments Ltd., a private venture capital group with mineral resource interests primarily in the Middle East and Northern Africa. Keith holds a Master’s degree in Business Administration as well as a Bachelor of Applied Science degree in Mining Engineering. Mr. Minty was awarded the “Mining Man of the Year” Award — for outstanding achievement in the Canadian Mining Industry — The Northern Miner- 2000. Other awards received are: “Developer of the Year” Award — for outstanding achievement in North Western Ontario – NWOPA – 2000.