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Webinars
TRACE hosts webinars on a variety of regulatory compliance topics on a monthly basis. Webinar recordings are available in the members-only Resource Center and can be used for ad hoc training or as part of a comprehensive global training program coupled with our eLearning. Select webinars are open to the public. Advanced training, available through TRACEpro, includes a selection of our recorded webinars.
A Roundtable on Third Party Risk Management: Focus on ABC Risks
Thursday, 4 May 2023 | 1:00 PM EDT (6:00 PM BST)
No matter your organization’s size, business or global footprint, working with third parties is often a necessary part of doing business. Nevertheless (and as recent Government statements and enforcement actions show) third party relationships continue to present anti-bribery compliance challenges that require not only proactive tracking and monitoring, but also agility and yes – a dynamic use of technology. During this session hear from a diverse panel of subject matter experts as they address ABC risks most commonly encountered when managing third parties including:
- Tracking and screening
- How to respond to red flags
- Training and onboarding
- Monitoring and sample-based testing
- The role Government guidance/expectations and technology can play in all of the above.
Benefit from a discussion of key lessons learned as you benchmark your current approach against those of this expert panel and walk away with recommendations for best practice implementation.
CLE credits are available for this webinar in the following states only – TX, VA, NY, NJ, CA. Additional instructions on how to obtain CLE credits will be provided during the webinar.
SPEAKER BIOGRAPHY
Michael Duran
Vice President and Chief Ethics & Compliance Officer
3M Ethics & Compliance
Michael Duran is Vice President and Chief Ethics & Compliance Officer for 3M, where he leads 3M’s global Ethics & Compliance Department, driving innovations and enhancements to our program to mitigate, identify and address risk and build upon 3M’s strong ethical culture of Be 3M.
Michael was appointed to this role in June of 2019 after serving as Assistant General Counsel and Compliance Director for 3M, where he led the team that designed and implemented many of the global elements of 3M’s Ethics & Compliance program. His team was also responsible for the refreshment of 3M’s Code of Conduct in 2018 and the first US Compliance Day in 2017.
Michael joined 3M in December of 2011. From 2006 to 2011, Michael helped design and implement enterprise-wide compliance controls for Marsh & McLennan Companies. From 1998 to 2006, Michael held various financial and compliance roles at multiple General Electric businesses. Michael has a B.S. in Finance from DePaul University, a J.D. from the University of Illinois, and a M.B.A. in Finance from the Kelly School of Business at Indiana University. He is admitted to the Illinois, Nevada, and Minnesota bar.
Koutayba Yamak
Partner
PwC
Koutayba Yamak is a Partner in the Investigations & Forensics Services Practice at PwC. He has over 18 years of experience conducting anti-corruption/anti-bribery investigations, forensic accounting and financial statement fraud investigations, including investigations related to the application of US GAAP and IFRS. He has extensive experience in a wide range of industries including healthcare, technology, pharmaceuticals, oil & gas, telecommunications, and manufacturing.
Koutayba has led a large number of corruption investigations, and ABAC compliance assessments in various countries in Africa, Europe, Asia, South America, and the Middle East. He has presented findings of his investigations to several regulators, including the Department of Justice and the Securities and Exchange Commission.
Koutayba holds a Masters of Business Administration from University of Maryland and Bachelor of Science in Business Administration from the Lebanese American University, Lebanon. He was a guest lecturer on Forensic Accounting at Wake Forest University, University of Maryland, University of Virginia, and the Catholic University of America. Speaker at the 2011 White Collar Crime Panel at Kogod School of Business, American University.
Vera Powell
Counsel, Special Matters and Government Investigations
King & Spalding LLP
Vera Powell is Counsel in King & Spalding’s Special Matters & Government Investigations group in Atlanta. Vera focuses her practice on white-collar criminal defense, internal corporate investigations, corporate compliance reviews and program assessments, and compliance counseling. Vera has over 15 years of compliance and investigations experience acquired through working in senior legal and compliance roles at several Fortune 100 companies.
Vera recently rejoined King & Spalding after serving in senior legal roles at two Fortune 100 companies—Delta Air Lines, Inc. and Uber Technologies, Inc. At Delta, Vera was Senior Corporate Counsel in the company’s Ethics & Compliance group where she had global responsibility for a wide array of corporate compliance topics, including anti-corruption, sanctions, and U.S. government contracts compliance. At Uber, Vera served as Senior Corporate Counsel, Global Compliance, where she was responsible for anti-corruption compliance, including third-party risk assessment and due diligence and compliance monitoring. Vera began her compliance career at Siemens, shortly before the company’s historic 2008 Foreign Corrupt Practices Act settlement, where she designed and operationalize a best-in-class compliance program pursuant to the terms of the settlement and subsequently served as Corporate Compliance Officer. As a result of her extensive in-house compliance experience, Vera is well positioned to help companies conduct compliance risk and program assessments, develop compliance policies, procedures, and training materials, and design and operationalize compliance processes and controls, including in the areas of third-party due diligence and compliance monitoring.
Vera serves on the Advisory Board of Compliance Week, a leading news, analysis and information resource for ethics, governance, risk, and compliance professionals. She frequently speaks at Society of Corporate Compliance and Ethics and Compliance Week conferences on a wide variety of compliance topics. She is also the recipient of Compliance Week’s 2020 “Rising Star in Compliance” award. Vera has worked in Germany, Italy, China, and Bulgaria, and as a result, she has strong intercultural expertise collaborating with diverse individuals within international teams. She is also fluent in several languages, including German and Bulgarian (native).
Vera graduated number one in her class at Georgia State University College of Law while working full-time at Siemens. She clerked for the Honorable Orinda D. Evans of the U.S. District Court for the Northern District of Georgia.