Bribery and corruption is a growing concern for businesses in all sectors and jurisdictions. Corruption is a problem not only from an ethical and competition-distorting perspective, but also because of the risk it creates to the reputation of affected businesses and the potential financial implications of a conviction.
“The increase in enforcement of national and international bribery and corruption legislation means businesses must demonstrate compliance, ” explains Chris Charman, Chief Executive of the International Marine Contractors Association (IMCA). “Due to its complexities, this can be a challenging area for businesses to address. Indeed, they need to stay ahead of developments in this rapidly evolving area of law and any board of directors that does not give due consideration to these issues is arguably failing in its duties.
“It is with this in mind that our Contracts & Insurance Workgroup is hosting an Anti-bribery & Corruption Seminar on 28 May at 4 Hamilton Place, London W1J 7BQ, to discuss bribery and corruption issues faced globally by the marine contracting industry, where anti-bribery clauses can be an integral part of contracts. It is important that members and their clients work together establishing auditable and workable processes. The seminar is designed to help mutual understanding on both sides of the client:contractor fence and to discuss ways and means of establishing workable solutions.”
The afternoon-long event is open to all IMCA members (there are in excess of 970 member companies in more than 60 countries), and all interested parties. Nathalie Louys of Subsea 7 will deliver the opening welcome address, which will be followed by five presentations, and a panel discussion. All delegates are invited to stay on for a networking evening.
The first two presentations by Sylvie Rapin of Total E&P and Michele de Rosa of ENI will look at ‘Anti-bribery and corruption from an oil company’s perspective: experiences and expectations of the contracting industry’. These will be followed by a corruption case study delivered by Simon Moore and Tony Concagh from international law firm Stephenson Harwood, which involves third-party drug dealers attaching drugs to the hull of a vessel.
Andrew Hayward of Subsea 7 will then look at ‘Principles and procedures for managing bribery and corruption risks: a contractor’s perspective’; before Robert Barrington of Transparency International, the global civil society organisation leading the fight against corruption, talks about a perennial problem – ‘Working to eradicate small bribes’; they will release a guidance document on the topic shortly after the IMCA event.
A round-table panel discussion follows involving Franҫois Vincke, International Chamber of Commerce Anti-Corruption Commission, Simona Livia Rasini of Saipem, Nathalie Louys of Subsea 7, and Robert Barrington of Transparency International. A review of the sessions will follow; and then all delegates are invited to attend the IMCA networking evening being held at 4 Hamilton Place.
Further information on IMCA and its work on behalf of its 970+ member companies in over 60 countries is available fromwww.imca-int.com and email@example.com. The association has LinkedIn and Facebook groups and its Twitter handle is @IMCAint
IMCA is an international association with some 970 members in over 60 countries representing offshore, marine and underwater engineering companies. IMCA has four technical divisions, covering marine/specialist vessel operations, offshore diving, hydrographic survey and remote systems and ROVs, plus geographic sections for the Asia-Pacific, Central & North America, Europe & Africa, Middle East & India and South America regions. As well as a core focus on safety, the environment, competence and training, IMCA seeks to promote its members’ common interests, to resolve industry-wide issues and to provide an authoritative voice for its members.
IMCA Vision & Strategy. As a result of work and collective input in 2013, IMCA has redefined its stated core purpose to be “Improving performance in the marine contracting industry”. To achieve this goal, IMCA’s Vision & Strategy has been devised with two elements in mind: Core activities and ways of working. Targets and objectives against which the association will measure progress in 2014 have been established. Note to Editors: We are more than happy to expand on this in tailor-made articles – just put us to the test, email firstname.lastname@example.org or phone her on +44(0)20 8241 1912 to explain what you would like covered, length, and deadline.
IMCA publishes some 200 guidance notes and technical reports – many are available for free downloading by members and non-members alike. These have been developed over the years and are extensively distributed. They are a definition of what IMCA stands for, including widely recognised diving and ROV codes of practice, DP documentation, marine good practice guidance, the Common Marine Inspection Document (CMID) – now available electronically as eCMID, safety recommendations, outline training syllabi and the IMCA competence scheme guidance. In addition to the range of printed guidance documents, IMCA also produces safety promotional materials, circulates information notes and distributes safety flashes.