KGCCI Seminar with Deloitte Anjin & Bae,Kim&Lee LLC. on Anti Bribery and Corruption

Begin:
25.10.2017 | 10:00
End:
- 12:00
Location:
KGCCI conference room 7F

Contact

Durie Chae
Email: drchae(at)kgcci.com

Member-to-member seminar

 

 

 

Topic: “A New Weapon for German Companies Doing Business in Korea Combating Bribery and Corruption - ISO 37001”

In cooperation with Deloitte and BAE, KIM & LEE (BKL), we cordially invite you to a discussion session regarding how to mitigate the risk of dealing with highly-evolved Korean anti-bribery and anti-corruption regulatory enforcement and its impact on German companies.  

It has already been a year since Korea enhanced its anti-bribery regulations by enforcing the Anti-Corruption and Bribery Prohibition Act, more commonly known as the Kim Young-Ran Act (hereinafter referred to as the “Kim Young-Ran Act”). More recently, with the new government’s campaigns to reform deep-rooted corruption (with a new investigation committee, discussions on performing investigations on scandalous activities of senior government officials, etc.), as well as the citizens' growing hostility towards corruption, German companies in Korea should consider corruption as a significant risk.

Responding to the Korean government’s campaigns and enactment, there is considerable demand by companies in Korea to establish an effective anti-corruption management system by recognizing the impact of corruption risks to their businesses, determining the gap between their current compliance programs and the requirements of ISO 37001, and developing and raising them up to the global level.

Maintaining a global-level compliance program would be one of the most effective strategies for German companies in Korea, as any incident of non-compliance or receiving sanctions from Korean government regulators will impact their related companies in Germany, where one of the most sophisticated levels of compliance standards is in effect.     

At this seminar, to empower and navigate your compliance program toward becoming a global-level program, Deloitte will introduce ISO 37001, an effective measure to identify and fill any gaps and expand the coverage of your compliance program throughout the company. In addition, BAE, KIM & LEE (BKL) will elaborate on some strategic points to mitigate the risk associated with Korean anti-bribery and corruption compliance from a legal standpoint with particular focus on German corporations.

When:         Wednesday, October 25st, 2017, from 10:00 am – 12.00 pm
                    (Registration starting 9:30 am)

Where:        KGCCI Office 7th Floor
                    Shinwon Plaza, 85, Dokseodang-ro, Yongsan-gu, Seoul 04419          

The seminar will be held in English. Participation is limited and geared for company representatives from industry and trade. Registration is on a first-come, first-served basis.

Please register at www.kgcci.com/events until October 20, 2017 (online registration only!). Participation is free of charge.

For questions, please contact Ms. Durie Chae. 
Email: members@kgcci.com / Tel: 02-37804-652