VinciWorks has released a new anti-corruption course to help businesses comply with the Foreign Corrupt Practices Act (FCPA).
FCPA: Know Your Deal drops users into an immersive set of real-life scenarios to test their understanding, ability
What is the FCPA?
Despite the FCPA being enacted in 1977, corruption of foreign public officials is still a major issue in American corporate life. In 2018 alone FCPA penalties levied by the Department of Justice reached nearly $2 billion, in addition to a number of criminal actions and jail time against individuals who broke the law. Bribery and corruption cases have ensnared some of the world’s largest companies, biggest sporting bodies and most powerful politicians. The propensity for some people to act corruptly might never change, but the approach to training and compliance can.
A gamified approach to anti-corruption training
In FCPA: Know Your Deal, users face a set of realistic characters and scenarios from all walks of life, some of whom may be trying to offer, or ask for, a bribe. It is up to users to assess the risk of each situation and decide on the best course of action based on company procedures and the law.
The course is suitable for all types of users in an organization, from rookies to veterans. A unique experience points system enables users to accrue points as they work through various bribery scenarios. Veteran users will gather experience points more quickly, updating their knowledge and completing the course in as little as 15 minutes. Newer users or those that need a more in-depth refresher are encouraged to spend more time reading additional content and building up a bank of points to demonstrate their FCPA awareness.
FCPA: Know Your Deal aims to help organizations implement procedures to mitigate against the risk of an FCPA breach. By immersing users in a scenario-based learning experience, staff get a real life understanding of what it’s like to come face to face with corruption, and gain the skills to spot it and stop it.
Six interactive modules
- Anti-bribery provisions of the FCPA
- Making a risk assessment
- Facilitation payments
- Gifts and hospitality rules
- Accounting standards
- General FCPA provisions