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5th Anti-Corruption Compliance and Risk Management Master Class 

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American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India

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American Chamber of Commerce in India
Apex Chamber of U.S. Industry in India

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5th Anti-Corruption Compliance and Risk Management Master Class – 29 August 2018

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The 5th Anti-Corruption Compliance and Risk Management Master Class was organised by AMCHAM’s Anti-Corruption & FCPA Compliance Committee at Hotel Le-Meridien, New Delhi on August 29th, 2018. The welcome address was given by Ms. Madhvi Kataria, Deputy Director General, AMCHAM followed by Ms. Ritika Ratti, Chairperson – Anti-Corruption & FCPA Compliance Committee, AMCHAM and Senior Director, Chief Ethics & Compliance Officer & Head of Anti-Corruption, Walmart India, who introduces the theme and gave an overview of the sessions. The special address was delivered by Mr. Robert Garverick, Minister Counselor for Economic Affairs and Environment, Science and Technology, U.S. Embassy.

In session 1, the panel discussion focused on ‘Top Trends in FCPA, UK Bribery Act & and Recent Indian Corruption Cases’ including an introduction of a hypothetical case study by Mr. Vasu Muthyala, White-Collar, Corporate & Individual Investigations, and Enforcement Partner, Kobre & Kim, Ms. Mini vandePol, Partner and Head of Asia Pacific, Global Compliance and Investigations Group, Baker & McKenzie and Mr. Sunny Mann, Partner, Global Compliance and Investigations Group, Baker & McKenzie.

Since the Government of India has made amendments in the Prevention of Corruption Act, Mr. Balwinder Singh, Senior Advisor, KPMG in India, shared updates on the same in session 2. In session 3 industry experts including Mr. Gaurav Ajmani, Associate General Counsel, Amazon, Ms. Saloni Tuteja, Director – Legal & Compliance, South Asia, Zimmer Biomet and Ms. Bhawna A. Ranganadhan, Vice President, Legal and Compliance, Genpact, discussed ‘Corruption Challenges Faced by Legal and Compliance Organizations in a Company and How Do They Mitigate These Risks?’ with Ms. Ritika Ratti as the moderator.

Mr. Suhel Daud, Assistant Legal Attaché – FBI, U.S. Embassy, spoke about the ‘Challenges Faced by Law Enforcement in the Digital Age’ in session 4 followed by Prof (Dr.) Madhu Bhalla, Vice Chair of Transparency India, who shared her perspective on the fight against corruption. The last session was a panel discussion focused on ‘Discovering Fraud (Best Practices for Investigations, Remediation, and Self-Disclosure or Not) with by Mr. Vasu Muthyala, Ms. Mini vandePol and Mr. Sunny Mann as panellists. Lastly, the concluding remarks were delivered by Ms. Ritika Ratti, Chairperson – Anti-Corruption & FCPA Compliance Committee, AMCHAM.

 

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