Nigeria, DRC, Kenya, Gabon & Angola

Anti-Corruption, Cash-Based Economies and Local Modality of Payment Risks: Unique Considerations for Internal Controls, Resource Allocation and Securing Government Approvals

July 24, 2019 4:00pm

Bérengère Parmly
Ethics & Compliance Officer – Infrastructure Global Business Unit
Bechtel (United Kingdom)

Thomas Leistner
Senior Director, Chief Compliance Counsel
Panasonic Avionics Corporation

Ana Pinelas Pinto
Miranda & Associados (Portugal)

  • How to implement and maintain appropriate internal accounting controls in cash-based countries
  • Why cash-based economies require closer collaboration between in-house compliance, audit, finance and accounts payable teams
  • How to stratify your company’s (and business partners’) resources and optimize your compliance strategy on the ground: Centralize or localize?
  • Operating amid governments’ manipulation of local economies, such as bid-rigging and price fixing
  • Mitigating the biggest risks when interacting with local government officials (customs agents, tax authorities, etc.)