U.S. ANTI-CORRUPTION BEST PRACTICES – EDUCATION AND PREVENTION

The Chamber of Commerce and Industry of Romania (CCIR), in cooperation with the Commercial Section of the US Embassy, has the pleasure to invite you to the conference U.S. ANTI-CORRUPTION BEST PRACTICES – EDUCATION AND PREVENTION held on January 11, 2022, starting with 10 AM, in a hybrid format, with both physical and virtual presence, at the CCIR Business Center, Cuza Amphitheatre.

The event addresses the subject of corruption at the level of the business environment and the means to combat non-compliant practices in Romanian companies. The discussions will focus on the importance of education and prevention, based on successful models from overseas, provided by the Federal Bureau of Investigation – FBI for Romania and Moldova, within the US Embassy to Bucharest.

Thus, the conference promotes the ethical values, relevant legislation and declassified case studies that converge towards the non-involvement of the business environment in the phenomenon of corruption and the application, at the level of companies, of appropriate internal prevention and control mechanisms. The presentations tackle topics such as:

• S. FCPA (Foreign Corrupt Practices Act) legislation – history, evolution and relevance to companies;
• the role of a good cooperation between the representatives of the Federal Bureau of Investigation (FBI) and private sector companies to provide a safer business environment;
• the importance of private-public engagement for the FBI;
• FBI support to combat corruption both domestically and internationally;
• updates on the results of the International Corruption Program – its benefits for businesses worldwide;
• presentation of a relevant case study – an international corruption investigation by the FBI.

Attendance at this conference is free of charge. Please fill in and send the attached registration form to the email address cristina.ionescu@ccir.ro until January 4, 2022. The form is INDIVIDUAL & NON-TRANSFERABLE.

Access is only allowed to those who have registered and received confirmation of participation from the contact person. At the same time, access to the event will be allowed within the available seats in the conference room and in compliance with the regulations imposed by the authorities.

The representatives of the business community and experts in the public and corporate anti-corruption area are invited to take part in the conference to find out about the most effective means to prevent and control corruption and share their experiences with the aim to define public policies that contribute in a sustainable manner to consolidating a transparent and predictable business environment.

Transparency International’s Corruption Perceptions Index (CPI) ranks Romania 69 out of 180, with RO being at the same level as neighboring countries such as Bulgaria and Hungary. The CPI reflects the way companies outside Romania view our country (and other countries) from a corruption perspective. Many foreign companies study the general business climate in terms of corruption and problems / difficulties in doing business in a particular country when deciding to invest and / or get involved in business partnerships.

Therefore, the perception on general and corporate corruption in Romania represents a major setback for attracting foreign investment, establishing international joint ventures or engaging in international partnerships with companies in other countries, among others. Furthermore, corrupt practices lead to conditions of disloyal competition, which affects the overall development of the entire business environment in Romania. 

Contact:

Cristina Ionescu, Director, Strategies, Policies and Projects Division

Telephone: +4021 319 01 00, e-mail: cristina.ionescu@ccir.ro