by Tim Erblich, executive vice president, Ethisphere Institute

Every year companies face new challenges in developing and adopting “best practices” in their ethics and compliance policies as new and important laws are enacted around the world, and as prosecutors enforce formerly dormant laws with increasing regularity

From the recent attention the FCPA has received, a debate began between companies and other stakeholders on clarity of the law, recently stretching as far as the editorial pages of the Washington Post and other major media, curious to get a sense of what’s next. The same can be said for antitrust/cartel, IP protection and supply chain laws. The question that the best companies ask becomes not only how can you prepare a proper defense against enforcement of these laws within your organization, but how can you actively develop a culture that prevents any violations from occurring in the first place?

The 2012 Global Ethics Summit, the latest in the annual event co-hosted by Ethisphere and Thomson Reuters, helps answer this question by discussing today’s regulatory challenges, sharing best practices in ethics and compliance, and providing critical insight in legal developments around the world. The global dialogue taking place at the Summit will be led by board members and CEOs of the Fortune 100, some of the most respected general counsel, in-house counsel and other senior executives at leading companies, as well as senior regulators, academics and other key thought leaders in the ethics and compliance community.

In attendance at the Summit will be hundreds of senior executives—80 percent of which are at the C-level—and attorneys from the AmLaw 20, board members and others representing more than 30 countries. These folks will come together to hear and discuss the most important global issues facing companies today.

The Summit kicks off on Thursday, March 15 with Brackett Denniston, General Counsel of General Electric, discussing the global compliance issue his company faces, and concludes on Friday, March 16 with a conversation between Assistant Attorney General of the Criminal Division Lanny Breuer and Ethisphere’s Executive Director Alex Brigham. The two will discuss the future of the FCPA and other developments coming from the DOJ in the coming years.

During the evening of March 15, Ethisphere will host the 2012 World’s Most Ethical Companies dinner in which the 2012 WME winners will be announced, along with a keynote presentation from former Secretary of State Madeleine Albright and a presentation by the renowned Chicago improv comedy troupe Second City.

To read more about the Global Ethics Summit, please visit the event’s website at globalethicssummit2012.com or by going to ethisphere.com.

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