Description
This course examines how compliance with the Bank Bribery Act prevents corrupt activities within banks. Compliance professionals will learn about the background and purpose of the Act, and their role in ensuring compliance. The course reviews the importance of a financial institution’s code of conduct, or similar policy, in relation to the prohibition against bribery, the prohibitions of the Bank Bribery Act, and the disclosure and reporting requirements published by the regulatory agencies.
What You’ll Learn
After completing this course, students will be able to:
- Describe the purpose and background of the Bank Bribery Act
- Describe the compliance professional’s role in ensuring compliance with the Bank Bribery Act
- Describe the importance of a bank’s code of conduct in relation to the prohibition against bribery
- Describe the prohibitions of the Bank Bribery Act
- Explain the disclosure and reporting requirements
