Anti-Corruption In The Shipping Industry

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

Achieve a better understand of corruption and anti-corruption

Understand the high risks related to corruption

Understand the consequences of corruption

Understand how the corruption risk can be mitigated

Recognize necessary steps for preventive and proactive actions

Recognize how to protect the stakeholders

Recognize how ISO 37001 certification can improve and implement an anti-corruption program and mitigate the high risk.

Who should attend

Ship Owners, Managers, Board Members and Operators
Compliance officers
Offshore Vessel Owners
Ports & Terminals, officers
Classification Societies and Maritime Consulting
Maritime Authorities and Ship Registries
Accounting Firms
Law Firms
Banking & Finance
Private Equity and Shipping Investment Trust

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Details

DATES: 13 December

DURATION: 8 Hours

LOCATION: CMS Training Centre, Limassol

TIME: 09:00 – 17:00

FEES: €350 + VAT

Additional Dates and Similar Seminars

Global Tax For Shipping | 12 Dec | Limassol

Ship Operations: Safety, Accident Prevention, Investigation and Analysis | 15 Nov | Limassol

Ship Vetting and Auditing | 28 Nov | Limassol

Basic Ship Superintendence Skills | 29 Nov | Limassol

Effective Communication in the Shipping Industry | 30 Nov | Limassol

[/vc_tta_tabs][vc_cta h2=”Discounts”]2-3 subjects or participants 10% Discount

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]

Registration Form

If you need help completing the online registration form, please give us a call at 2227 4470 or email us at [email protected]

Course Agenda

Download Course Agenda

In-House Training

If you would like to discuss bringing this or another topic to your organization on an in-house basis please call us at 22274470 or email us at [email protected].

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.

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Anti-Corruption In The Shipping Industry