Belinda Tan, Partner, EY Fraud Investigation & Dispute Services Singapore and Saket Bhartia, Executive Director, EY Fraud Investigation and Dispute Services, Singapore
Venue : Stamford American Auditorium (AmCham Office, 1 Scotts Rd, #23-03 Shaw Centre)
Date : August 02, 2017
Time : 11:45 AM - 1:30 PM
Price : $25.00
2016, 27 companies paid about $2.48 billion to resolve Foreign Corrupt
Practices Act (FCPA) cases and it was the biggest enforcement year in FCPA
history. As per EY’s APAC Fraud Survey 2017 (launched in May 2017), 63%
respondents mentioned that bribery or corrupt practices happen widely in their
countries compared to 32% in 2013. Also, 35% mentioned that it is a common
practice to use bribery to win contracts in their industry or sector.
Governments and regulators don’t want to appear “soft” to companies and offenders involved in bribery and corruption (B&C). With this in mind, various changes and updates have been made to global B&C regulations. Singapore for example has launched the new Singapore Standard, SS ISO 37001:2016 Anti-Bribery Management Systems, a certification program that aims to help Singaporean companies strengthen their anti-bribery compliance systems and processes.
The above session will help members to understand the recent global updates on B&C. Key topics such as “What are the new areas regulators are looking at? How does the new Singapore ISO standard affect them? What steps are global companies taking to mitigate the risks?” will be discussed at this session.
About the Speakers:
EY Fraud Investigation & Dispute Services Singapore
Belinda leads EY’s Fraud Investigation & Dispute Services in Singapore. She started her career as an external auditor at Ernst & Young more than 20 years ago where she qualified as a Chartered Accountant. She subsequently became a global internal auditor for a fortune 50 oil and gas conglomerate where she was involved in numerous operational and financial projects for upstream, downstream and commercial sectors of joint ventures and affiliates in Asia Pacific and USA. Belinda re-joined Business Advisory in 2004 where she began her specialization in forensic and dispute work. She has conducted enquiries in Asia Pacific and Greater China where she lived for almost 6 years. These enquiries relate to corruption, FCPA, financial statement manipulations, assets misappropriation issues and computation of damages.
Belinda has also led and assisted clients in designing and implementing monitoring procedures and tools for fraud prevention purposes. These include vendors’ “pre-at-post” screenings, fraud awareness trainings and scalable monitoring fraud prevention tool kit. Belinda's portfolio of clients includes pharmaceutical, medical devices, manufacturing and trading companies.
EY Fraud Investigation and Dispute Services, Singapore
Saket is an Executive Director with EY’s Fraud Investigation and Dispute Services, Singapore. By qualification he is Charted Accountant, Certified Fraud Examiner and a Certified Internal auditor with an overall experience of 18 years. He specializes in Forensic Investigations, Code of Conduct violations investigations, setting up of Anti- Bribery compliance frameworks, Anti-Fraud Controls Reviews, Brand integrity and supply chain leakage reviews etc. In the past, Saket has worked with large organizations like Capgemini, HP, KPMG and PwC and has experience of delivering projects in 16 countries.
Saket is the Founder and past President of Bangalore, (India) Chapter of ACFE and also a Board Member of the US advisory council of ACFE, USA. He was also a President and Secretary of the Bangalore, India Chapter of IIA, USA.