Day 1:
Foundations of Ethical Risk Management
Introduction to ethical theories and their relevance to risk management.
Overview of regulatory frameworks and compliance requirements.
Understanding the role of ethics in corporate governance.
Case study: Lessons from high-profile corporate scandals.
Day 2:
Risk Assessment and Analysis
Identifying and categorizing organizational risks.
Conducting ethical impact assessments using COSO ERM.
Tools and techniques for qualitative and quantitative risk analysis.
Group exercise: Developing a risk register for a hypothetical organization.
Day 3:
Building Effective Compliance Programs
Key components of a robust compliance program.
Designing policies and procedures to ensure regulatory adherence.
Implementing monitoring and reporting mechanisms.
Interactive session: Addressing common pitfalls in compliance implementation.
Day 4:
Anti-Corruption and Bribery Measures
Understanding anti-bribery laws and international standards (e.g., FCPA, UK Bribery Act).
Strategies for preventing and detecting corrupt practices.
Role of whistleblowing systems in maintaining transparency.
Workshop: Drafting an anti-corruption policy for a multinational company.
Day 5:
Fostering an Ethical Culture and Continuous Improvement
Promoting ethical behavior through leadership and communication.
Measuring the effectiveness of ethical risk management initiatives.
Leveraging technology for enhanced compliance and monitoring.
Panel discussion: Future trends in ethical risk management and compliance.
