January 19 - A seminar to be held by Lloyd's Maritime Academy is designed to equip those working in the international maritime industry, including heavy lift shipping and forwarding, with a full understanding of the UK Bribery Act 2010, which comes into f
The shipping industry is seen as 'high risk' in this area so without adequate procedures in place UK-based shipping related companies could face unlimited fines and even imprisonment of directors if they fall foul of the new law.
Working closely with international legal practice Norton Rose, the Shipping and Corrupt Practices Course will provide the information needed to set up the required policies to deal with corrupt payments and avoid such penalties.
This interactive one-day seminar, will take place at Bonhill House, London, on March 29 and early-bird bookings will save £100!
This important seminar will discuss how the UK Bribery Act 2010 and equivalent legislation will impact on the global shipping industry. Analysing key provisions of the Act and highlighting vulnerable areas, the course will use real life cases as examples.
The UK is not alone in putting such legislation in place: for comparison with other jurisdictions. The US Foreign Corruption Practices Act (FPCA) 1977 will be discussed together with similar anti-corruption measures in Italy and Spain. Increasingly, compliance with the US FCPA plays an ever-increasing role in tender and bid processes that project forwarders face to secure contracts.
More information can be seen at www.lloydsmaritimeacademy.com/KT0216HLWL