Combating corruption is high on the agenda for many companies and governments. Recognising this, K2 Intelligence took the headline sponsorship for the International Bar Association’s Anti-Corruption Conference in Paris this month.
The 14th annual conference, held on 15–16 June, attracted a wide range of speakers, including David Green QC, Director of the Serious Fraud Office (SFO) in the UK, who reiterated the SFO’s stance on deferred prosecution agreements and its expectations with respect to cooperation from those under investigation.
The event’s diverse audience—100 attendees drawn from law firms around the world—brought a global perspective to the sessions, which included focused panel debates on civil asset recovery, the impact of corruption on business, and the role of whistle-blowers. The Petrobras and FIFA scandals were considered specifically, with a key prosecutor for the many cases in Brazil sharing his insights into the challenges faced in relation to politics and business when prosecuting the case.
Speaking about the event, Darren Matthews, Head of Investigations at K2 Intelligence, said: “It is imperative that companies are proactive and have robust, practical mechanisms in place to prevent, detect, and report corruption. Addressing corruption only after an issue has arisen opens up organisations to huge regulatory issues, potential public scrutiny, and wide-reaching financial repercussions.”