Globally, the World Economic Forum has estimated that the cost of corruption is about US$2.6 trillion a year, and it has a damaging effect on countries’ GDP, on businesses, on all stakeholders. It create some significant risks like reputation risk, financial risk, compliance risk, risk of penalties etc. and corporations need to put anti-corruption on the agenda. Companies and organizations like Rolls Royce, FIFA, Siemens, Petrobras, Odebrecht and many others have damaged their reputation so badly that it might never been the same again. Board Members, top managers and even employees have been convicted and companies have been fined billions of USD in fine. Corporations need to be proactive, mitigate the risk and prevent the business, top management, employees, investors and other stakeholders from corruption.
Key Benefits of Attending
Who should attend
DATES: 13 December
DURATION: 8 Hours
LOCATION: CMS Training Centre, Limassol
TIME: 09:00 – 17:00
FEES: €350 + VAT
4+ Subjects or participants 15% Discount
Members of YoungShip Cyprus 20% Discount
Members of Cyprus Shipping Association 20% Discount
NB: For larger groups of people or for groups participating in more than one subject, please note that we offer greater discounts, please contact us for an offer.[/vc_cta]
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Instructor: Knut Olsen
Dr. Knut Olsen is a Chartered Global Tax Practitioner and a Chartered Transfer Pricing Specialist and a partner in Dr. K. Olsen Global Tax in Norway, a company that was voted as ‘a world leading tax firm’ in 2016 & 17 by World Tax. Mr Olsen has 36 year of experience in taxation and specialises in international taxation, tax risk management, transfer pricing & tax appeals and supports multinational corporations worldwide. As a global business advisor for large multinational corporations, Olsen fully understand international business and the challenges it faces, pitfalls and risks, but also opportunities and solutions.