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IBLF News


 	 
  
31.01.2012

IBLF presented new publication and web-site, devoted to business ethics

The first interactive meeting of the members of Fraud Forum and compliance experts devoted to the third-party integrity risk management was held in the PwC office on January 31. The meeting was attended by over 100 representatives of Russian and international companies, including Alpha-Bank, Gazprombank, MTS, Sovcomflot, ТМК, Bristol Myers Squibb, Emerson, Hilti, HP, Nestle, Wimm-Bill-Dann.

At the morning session, Mark Anderson, Director, Global Head of Corporate Intelligence Practice, PwC in the UK, shared his experience of third party due diligence in emerging markets. The practical application of third party due diligence and their integrity assessment in Russia was described by Anton Maslakov, Compliance Manager, MAN Truck and Bus RUS.

At the following session, Brook Horowitz, Director, Business Standards, IBLF, specified the role of IBLF in the development of business standards and mitigation of corruption risks. He also presented the new publication “Improving Business Ethics and Lowering Risk of Corruption.  Experience of Russian and Multinational Companies”, and the web site www.business-standards.ru, prepared within the framework of the Siemens Integrity Initiative.

Olga Ostrovskaya, Regional Sector Compliance Officer, Industry, Siemens Russia and CIS, told about their experience of introducing principles of compliance at Siemens.

In his talk about creation of the culture of corporate values at ТНК-BP, Paul Kitson, Department Director, Compliance, EWRM & Ethics, emphasized that “due to recent acquisition of assets outside Russia, the decisive role shall be assigned to the uniform approach to corporate ethics and measures in all regions of the company presence”. 

Ivan Chernyakhovsky, Deputy Head of Public Relations Office, Sakhalin Energy Investment Company Ltd. presented ethical standards of Sakhalin Energy.

Event was organized by PwC and IBLF within the framework of the Siemens Integrity Initiative.

Programme

Presentations:

Improving Business Standards in Russia


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