NEW - WORKSHOPS
Which Will You Choose?
Our workshops are crafted exclusively for in-house counsel professionals, offering a unique opportunity to engage in high-value sessions tailored to the evolving challenges and demands of the industry. For €350, attend one workshop (half-day), or for €600, enhance your experience by attending both a morning and an afternoon session (full day). Participants can select from two specialized morning options and choose one out of three focused afternoon sessions, ensuring a customized learning experience.
(Workshops are available on a first-come, first-served basis)
09:30-12:30 -Workshop A: Navigating the New Frontiers: Sanctions & Export Controls
Sanctions and export controls are more nuanced and regulation-heavy compared to the traditional Foreign Corrupt Practices Act 1977 (FCPA) violations, creating a need to be aware of these new priorities and the challenges ahead.
This interactive workshop provides critical updates on the latest US, EU, and UK sanction regulations, highlighting the key takeaways that your organisation needs to know when conducting business in the DACH region and Europe.
- Reaffirm the difference between sanctions and export controls to know how to act when presented with either.
- Examine the impact of sanctions evasion and due diligence measures required by organisations to minimize risks.
- Determine export control measures about secondary sanctions.
- Revise the best practices in this area and the latest developments to remain ahead of the curve.
09:30-12:30 -Workshop B: ESG Compliance: Adapting to New Reporting Directives and Due Diligence Requirements
There is increasing regulatory pressure and public scrutiny on companies regarding ESG issues. With rising regulatory pressure and public scrutiny, understanding these regulations is essential for managing risks and maintaining transparency in your company’s ESG practices. Effective since January 2023, the EU Corporate Sustainability Reporting Directives (CSRD) require EU businesses - including qualifying EU subsidiaries of non-EU companies - to disclose their environmental and social impacts, and how their ESG actions affect their business.
Equally, on 23 November 2022, the Swiss Federal Council adopted the ordinance on climate disclosures that came into force on 1 January 2024. The new rules clarify some reporting obligations but leave many details unspecified. This workshop will explore the details of the CSRD and its impact on companies trading in Europe while also analysing in tandem the direction in which the Swiss ESG is set to develop.
- Understand the critical requirements of the CSRD and the Swiss ordinance on climate disclosures to ensure your company remains compliant with these evolving regulations.
- Prepare for future developments by exploring the trajectory of Swiss ESG regulations and how they might evolve, giving you the foresight to anticipate and prepare for upcoming changes in sustainability reporting requirements.
- Learn how these regulations impact companies operating or trading in Europe and Switzerland, including the implications for subsidiaries of non-EU companies, allowing you to strategically navigate the regulatory landscape.
13:30-16:30 -Workshop C: Unmasking the Numbers: Cracking Down on Accounting Fraud and Corruption
It has become difficult to detect frauds as they happen, not least due to sophisticated techniques, the volume of transactions, and the lack of real-time monitoring. This is also exacerbated when operating in markets with a higher corruption index, particularly when collaborating with international companies and stakeholders. This workshop discusses effective strategies for investigating financial fraud, certifying the strength of your organisation’s anti-fraud and anti-corruption framework.
- Gain practical nuances from professionals, who have successfully tackled complex legal challenges, through receiving practical advice to help you assess your organization’s current practices, identify areas for improvement, and implement strategies that drive stronger compliance and ethical standards.
- Understand the intricacies of navigating jurisdictions and markets with higher corruption indices, and how to effectively manage the risks associated with operating in these challenging environments.
13:30-16:30 -Workshop D: AI, Data and Me? Practical Tips and Tricks to Identify Internal and External Threats
As AI rapidly permeates our personal and professional lives, it is clear that ‘innovation is faster than regulation’. Therefore, staying on top of emerging fraud threats such as phishing and distinguishing between human and machine interactions is becoming difficult to separate. Join this workshop to develop a proactive strategy and identify emerging risks.
- Threats: When risks are faster than regulations, identify and discuss immediate threats from emerging risks and to what point AI can facilitate financial crime:
- Cyberattacks
- Phishing
- Deep-Fakes
- The complexity between human and machine interactions.
- Explore internal risk management strategy relating to remote working and lack of physical records, discussing the importance of ensuring the accuracy and reliability of any AI-powered tools, especially when dealing with sensitive customer data.
- Regulatory: Regulatory implications of the use of AI: in sensitive areas such as:
- Transaction monitoring
- Sanction screening
- Examine whether regulators and auditors will accept AI-driven compliance solutions.
- How can we establish a proactive strategy and AI education organisation-wide and adapt to future challenges rather than reacting to pending issues and solely relying on government and international organisations?
13:30-16:30 -Workshop E: Balancing Innovation: AI Efficiency Gains vs. Compliance Challenges
As the demand for greater efficiency in compliance processes grows, AI has become a powerful tool to reduce manual workload, enhance transparency, and improve user experience. This workshop will dive into the strategic use of AI to streamline key compliance tasks, such as KYC processes, policy management, and employee training. AI is a promising investment with the potential to achieve significant cost savings and a 50% improvement in turnaround times. However, as we explore these advancements, one must also address the challenges of reliability, data privacy, and the limitations of current AI models. Join us to understand the true costs and benefits of integrating AI into your compliance framework and learn how to strike the right balance between automation and the irreplaceable human touch.
- Discover how AI can revolutionize compliance processes, from KYC to policy management, leading to significant efficiency gains and potential cost savings of 20-50%.
- Evaluate the challenges of implementing AI, including concerns about reliability, data privacy, and the importance of maintaining human oversight in critical decision-making processes.
- Equip yourself with strategies to maximize the benefits of AI while addressing the risks, ensuring your organization is prepared to harness the full potential of AI-driven efficiency without compromising transparency and trust.
