DATES: OCT 4-15, 2021    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $4500    
       

 

 

 

 

 

Overview

This course highlights the major issues and procedures relating to the development and regulation of capital and securities markets in developing economies. Participants will discuss the major building blocks of an effective capital market and the policy environment needed to help its development. The course also includes issues related to the growing interaction of emerging markets with developed capital markets.

Course Outline

Legal, Regulatory and Institutional Framework

  • Institutional structure related to market's needs
  • Government regulation: securities laws, securities exchange commissions, central banks, ministries of finance
  • Stock exchanges: rules and regulations, self or external regulation, membership and listing standards
  • Corporate governance
  • Transparency
  • Prospectuses

Development of Capital Markets

  • Policy issues affecting development of capital markets
  • Managing risks and responding to crises in Capital Markets
  • Capital markets and housing finance

Role of Participants in Capital Markets

  • Regulators, financial institutions, accountants/auditors, government
  • Issuers of securities in capital markets
  • Investors in capital markets: individuals and institutional players
  • Professionals: brokers, dealers, underwriters
  • Financial intermediaries: commercial banks, merchant banks, mutual funds, hedge funds, insurance companies, pension funds
  • Initial public offerings (IPOs)

Typical Field Trips (selection based on availability)

  • New York Stock Exchange; Nasdaq; U.S. Securities and Exchange Commission, U.S. Federal Reserve Bank in New York; a ratings agency, such as Standard and Poors; The Depository Trust and Clearing Corporation

Course Advisor

Paul Freedman is Counsel at the AES Corporation, a global energy company. Mr. Freedman was previously Chief Counsel for Credit Programs at the U.S. Agency for International Development (USAID) and has substantial government and private sector experience in capital markets transactions in developed countries and emerging markets. He has worked on the first non-sovereign bond offerings in several developing countries, and he has played a leading role in the structuring and negotiation of USAID's partial credit guarantees for bond offerings and bank loans in over 40 developing countries.

 

 

 

DATES: OCT 4-8, 2021    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $2600    
       

 

 

 

 

 

Overview

This course highlights the foundational issues in respect to the development and regulation of capital and securities markets, and comprises the first week of the Capital Markets: Development and Regulation seminar. The Foundations seminar also includes the field trip to New York where typical capital markets institutions are visited.

Participants will be exposed to selected topics based on the Course Outline listed under the “Capital Markets: Development and Regulation” seminar, depending on the final schedule, but topics could include:

Course Outline

Legal, Regulatory and Institutional Framework

  • Institutional structure related to market's needs
  • Government regulation: securities laws, securities exchange commissions, central banks, ministries of finance
  • Stock exchanges: rules and regulations, self or external regulation, membership and listing standards
  • Corporate governance
  • Transparency
  • Prospectuses

Development of Capital Markets

  • Policy issues affecting development of capital markets
  • Managing risks and responding to crises in Capital Markets
  • Capital markets and housing finance

Role of Participants in Capital Markets

  • Regulators, financial institutions, accountants/auditors, government
  • Issuers of securities in capital markets
  • Investors in capital markets: individuals and institutional players
  • Professionals: brokers, dealers, underwriters
  • Financial intermediaries: commercial banks, merchant banks, mutual funds, hedge funds, insurance companies, pension funds
  • Initial public offerings (IPOs)

Typical Field Trips (selection based on availability)

  • New York Stock Exchange; Nasdaq; U.S. Securities and Exchange Commission, U.S. Federal Reserve Bank in New York; a ratings agency, such as Standard and Poors; The Depository Trust and Clearing Corporation

Course Advisor

Mr. Paul Freedman is Counsel at the AES Corporation, a global energy company. Mr. Freedman was previously Chief Counsel for Credit Programs at the U.S. Agency for International Development (USAID) and has substantial government and private sector experience in capital markets transactions in developed countries and emerging markets. He worked on the first non-sovereign bond offerings in several developing countries, and he played a leading role in the structuring and negotiation of USAID’s partial credit guarantees for bond offerings and bank loans in over 40 developing countries.

 

  

 

DATES: SEP 13-17, 2021    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $2245    
       

 

 

 

 

 

Overview

The Procurement Integrity program covers the institutional, legal, and procedural issues involved in the procurement of goods and services by public entities and discusses reform programs to improve transparency, efficiency and accountability. The program incorporates the strategies and approaches within the United States and globally to create an organizational culture committed to high ethical standards and integrity. Participants will learn best practices on ensuring organizational procurements are performed fairly, impartially, honestly, legally, and free from fraud and abuse.

 

Course Outline

 

Public Procurement Reforms

  • Reform programs and approaches to enhance transparency, efficiency, integrity and accountability

 

U.S. Anti-Corruption

  • U.S. Anti-Corruption Agencies
  • Inspector General Community
  • Oversight

 

Risk Framework Models

  • Committee of Sponsoring Organizations of the Treadway Commissions (COSO)
  • Government Accountability Office (GAO)
  • Association of Certified Fraud Examiners (ACFE)

 

Got Ethics

  • Ethics & Compliance Programs
  • Whistle-Blower Protections

 

Procurement Fraud

  • Make-up and Schemes
  • Vulnerabilities
  • Criminal, Civil and/or Administrative

 

The Fraudster

  • Mind-set & Motivation
  • Elusiveness

 

Procurement Integrity Control System®

  • Elements
  • Criteria

 

Investigations

  • Fraud Risk Theories
  • Proactive Approaches
  • Case Preparation

 

Case Study

  • Ethical Reform Movement
  • Road Blocks
  • Victories and Set-Backs

 

Course Advisors

Ms. Sheryl Steckler was formerly the Inspector General for Palm Beach County and the Department of Children & Families, State of Florida.  Ms. Steckler has worked in law enforcement and criminal justice related positions for over 30 years. She is presently the President of Procurement Integrity Consulting Services, a woman-owned small business specializing in developing, assessing, and structuring strategies to assure contracting integrity by mitigating the inherent risk to procurement fraud and abuse.  Ms. Steckler is currently a Certified Inspector General, Certified Inspector General Investigator and formerly a certified law enforcement officer and public assistance fraud investigator. Ms. Steckler holds a master’s degree in Public Administration and a bachelor’s degree in Criminology from Florida State University.

Mr. Tom Caulfield was formerly the Executive Director of Training for the Council of the Inspectors General on Integrity and Efficiency.  Mr. Caulfield spent over 38 years of federal government service, his assignments included responsibilities at both the senior executive and case agent levels in law enforcement, criminal investigations, anti-fraud strategies, white-collar crime investigations, polygraph, internal oversight, and professional development and training.   He is currently the Chief Operating Officer for Procurement Integrity Consulting Services and was a member of the U.S. Department of Justice National Procurement Fraud Task-Force.  He holds degrees in Criminology and Criminal Justice and currently is a Certified Fraud Examiner, Certified Inspector General, and Certified Inspector General Investigator.

Ms. Steckler and Mr. Caulfield are frequent instructors at both domestic and international forms and have published and co-published several articles on subjects related to the prevention and detection of procurement fraud and abuse. Their material has been referenced in various federal reports and book publications. Some of the articles can be found at:  http://www.procurement-integrity.net/publications.html).

 

DATES: SEP 20 - OCT 1, 2021
   
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $4200    
       

 

 

 

 

 

Overview

This seminar focuses on skills necessary to sustain a modern legislature. Elected officials and legislative staff at the National, State, and International level are ideal candidates for this seminar. Legislatures work under constant pressure to enact laws and review national policies efficiently and effectively in an ever-changing and complex environment. Working in this environment requires close attention to how the process is managed and how the institutions function. The focus of this seminar will be organizational structure and practical techniques for managing legislative institutions. Considering the ILI’s location in Washington, DC, references and site visits will be made to the U.S. Congress and a State Assembly.

Course Outline

  

Role of Legislative Staff

  • The relationship between career and political staff appointments
  • Effective allocation of staff to support member offices, committees, leadership and administrative services

 

Legislative Organization

  • Comparative analysis of legislative and parliamentary models
  • Review of unicameral and bicameral structures
  • How to work with leadership offices and through committees
  • How can the legislative branch have a more productive relationship with the executive branch?

 

Legislative Support Offices

  • Budgeting, staffing and training
  • Determining what legislative support offices are appropriate for a specific country or state; e.g. research, legislative drafting, committees, administration and members' offices

 

Site Visits

  • United States Congress
  • Library of Congress
  • State legislatures in Washington, DC area

 

Course Advisor

H. Stephen Halloway is the Director of ILI's Center for Comparative Legislative Management. He has over 35 years of experience in senior legal and policy positions in the U.S. Government, the U.S. Senate, the United Nations and the Inter-American Development Bank. He was Chief Regulatory Officer for the U.S. Department of Commerce and a civil rights attorney in the U.S. Department of Justice. He is co-founder of the Multilateral Procurement Group, an informal steering committee of multinational companies and consultants regularly doing business with the MDBs and UN.

 

 

DATES: SEP 6-10, 2021    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $2245    
       

 

 

 

 

 

Overview 

This course contributes to strengthening the effectiveness of the procurement audit and supervision functions in national and IFIs-financed procurement activities. It is designed to familiarize participants with the procurement audit process. It covers the entire process, from setting procurement audit objectives in compliance with the organization’s mandate, up to preparing a procurement audit report with appropriate recommendations and following-up on such recommendations. The course focuses on compliance as well as performance aspects, all with a view to achieving value for money. The course will also touch on procurement fraud prevention and provide an overview of the United Nations Convention against Corruption and the OECD Convention on Combatting Bribery of Foreign Public Officials.

Course Outline

Context

  • Introduction to procurement audit
  • Analysis of the audited entity’s context
  • Understanding the mandate and mission of the entity to be audited, its internal controls system, procurement planning, approval and execution process
  • Responsibility matrix for the procurement function, delegation of authority and internal control functions

Risks, audit objectives, scope, and planning

  • Assessment of risks including potential fraud and corruption at each step of the procurement process
  • Development of the procurement audit objectives and scope
  • Development of the procurement audit plan and selection of sample of procurement contracts to be audited

Execution of procurement audit operations and follow-up

  • Methods for collecting and analyzing evidence, preparation of the Procurement Audit Report
  • Verifying compliance with legal requirements, assessment of performance and achievement of value for money
  • Procurement audit findings and discussion with management of the auditing organization and of the audited entity
  • Discussion of the Procurement Audit Report and recommendations with management of the auditing organization and of the audited entity
  • Follow-up actions on the Procurement Audit Report and its recommendations

Prevention and detection of fraud and corruption

  • United Nations Convention against Corruption (UNCAC)
  • OECD Convention on Combatting Bribery of Foreign Public Officials

Course Advisor

Sabine Engelhard is a lawyer specialized in procurement whose career focus has been in international development, capacity building and governance-related issues. She held various senior positions at the Inter-American Development Bank (IDB). She also worked at the World Bank, with a prominent international law firm, and headed the Washington office of an international consulting firm. Sabine has been involved in high-profile initiatives with the World Trade Organization (WTO) and the Organisation for Economic Cooperation and Development (OECD), to strengthen country procurement governance. Today Ms. Engelhard consults for different international organizations. She is an independent expert with the United Nations (UN) Award-Review Board, advising on procurement challenges resolution. She is a course advisor and a lecturer at the International Law Institute (ILI) in Washington DC, and lectures in the Procurement Master’s Program of the International Training Center of the International Labour Organization (ITC/ILO) in Turin, Italy. She holds master-level and post-graduate degrees in Law, International Relations, and European Studies.