On 19 March, the Armenian Lawyers\u2019 Association (ALA) organized a training on \u201cAnti-Corruption Compliance in Business\u201d for the representatives of small and medium-sized businesses in the scope of the \u201cArmenia: Promoting Anti-Corruption Conduct and Reforms\u201d Project. The training was held in Yerevan.<\/p>\n
At the beginning of the training, the participants completed tests, which included a number of questions about corruption schemes, anti-corruption compliance program, information on which is provided during the whole course.\u00a0The same test was completed at the end of the course as well to compare the knowledge learned in the course.<\/p>\n
During a conversation with us project expert Lusine Nalbandian said that business representatives were actively involved in the discussions.<\/p>\n
\u201cThey specifically raised legislative gaps that could foster corruption risks and lead to corruption,\u201d she said.<\/p>\n
Ms Mariam Zadoyan, Project Manager of the ALA\u2019s Component of \u201cArmenia: Promoting Anti-Corruption Conduct and Reforms\u201d project\u00a0presented to the training participants the core components of the Anti-Corruption Compliance. According to her, the participants were interested\u00a0with the concept of Conflict of Interests and brought examples from their own experience,\u00a0asking whether this or that phenomenon can be viewed as a conflict of interest,\u00a0or whether any of their actions may be considered as a manifestation of corruption?<\/p>\n
Hayk Hayrapetyan, Chief Executive Officer of \u201cBest Contract\u201d LLC Law Office, said in a conversation with us that the training was useful for the participants, because, in case if legislative changes were made in the future, organizations could be guaranteed from the perspective of legal protection.<\/p>\n
\u201cI would like to see the anti-corruption compliance program in the organization.\u00a0I think it will require some finances.\u00a0We need to understand what the policy of state bodies will be if we move toward Euro-integration, if the merger of legal systems continues, and which will involve certain mandatory requirements for organizations, and then this will not simply be important but rather necessary,\u201d he said.<\/p>\n
According to Hayk Hayrapetyan, the organization can not benefit from corruption, as the first and most important factor for the organization is the business reputation of the company and corruption, is its first enemy.<\/p>\n
According to Samvel Gevorgyan, who is the head of the \u201cSiber Gates\u201d Co.LTD, corruption can help the organization, but it will be temporary, and later the losses will be bigger. \u201d For example, at the moment, a contract will be signed, a problem will be settled, but then, if the benefits and damages caused are put on the scale, the risk is that the future losses will be several times higher, including the fall of the company\u2019s reputation and criminal liability,\u201d he said.<\/p>\n
Samvel Gevorgyan also notes that the introduction of anti-corruption programs will be useful both for internal hazards and threats of the organization, but also in cooperation with different companies.<\/p>\n
The participants also found out through the game why businesses need to introduce the anti-corruption compliance program, as well have done corruption risk assesment in their own businesses and presented solutions.<\/p>\n
It should be noted that the trainings for business representatives have already been held in Gavar and Vanadzor, in the upcoming days training will be held in Gyumri and Kapan as well.<\/p>\n
This material<\/strong>\u00a0has been prepared in the scope of the \u201cArmenia: Promoting Anti-Corruption Conduct and Reforms\u201d Project implemented by the \u201cCentre for International Private Enterprise\u201d, the \u201cArmenian Lawyers\u2019 Association\u201d NGO, the \u201cCorporate Governance Centre\u201d NGO and the \u201cYerevan Chamber of Commerce and Industry\u201d with financial support of the National Endowment for Democracy. The contents of this material are the sole responsibility of the \u201cArmenian Lawyers\u2019 Association\u201d NGO and can in no way be taken to reflect the views of the National Endowment for Democracy.<\/p>\n","protected":false},"excerpt":{"rendered":" On 19 March, the Armenian Lawyers\u2019 Association (ALA) organized a training on \u201cAnti-Corruption Compliance in Business\u201d for the representatives of small and medium-sized businesses in the scope of the \u201cArmenia: Promoting Anti-Corruption Conduct and Reforms\u201d Project. The training was held in Yerevan. At the beginning of the training, the participants completed tests, which included a …<\/p>\n","protected":false},"author":3,"featured_media":3880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[44],"tags":[],"class_list":["post-3864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/posts\/3864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/comments?post=3864"}],"version-history":[{"count":9,"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/posts\/3864\/revisions"}],"predecessor-version":[{"id":3927,"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/posts\/3864\/revisions\/3927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/media\/3880"}],"wp:attachment":[{"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/media?parent=3864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/categories?post=3864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armla.am\/en\/wp-json\/wp\/v2\/tags?post=3864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}