27 January 2019 – International Compliance Association (ICA), the leading professional body for the global regulatory and financial crime compliance community, announces today it has partnered with the European Business Association (EBA) to offer its qualifications to compliance and business professionals from all backgrounds and sectors in Ukraine.
ICA will be offering its certificates in anti-bribery and corruption, regulatory and business compliance, customer due diligence and diploma in governance, risk and compliance in partnership with EBA. The partnership is in line with both associations’ ongoing missions to help organisations conduct business in the right way and grow through the adoption of internationally recognised best practice. This new initiative also aims to empower and enable the business community in Ukraine to upskill its employees and safeguard its business from criminal, financial and reputational risk.
The global economy loses $3.6 trillion to corruption each year, having a devastating impact on business and society. In Ukraine corruption is estimated at 2 percent of the country’s GDP, which equates to $2.6 billion, according to last year’s figures. This figure is even higher when lost investment, tax payments, and other revenue-raising opportunities are considered.
ICA has a long history of providing international certifications that combine global best practice with regional insight and delivering training and education in an engaging and accessible way. The focus is always on real-world application of knowledge so that individuals can perform better in their roles.
Helen Langton, CEO, ICA, commented: “I am excited about the opportunity to bring the breadth and depth of ICA’s international experience to Ukraine and work closely with EBA to provide best-in-class training and qualifications to their members. ICA qualifications are designed to equip today’s regulatory and financial crime compliance professionals with the skills they need to manage and mitigate risk in all its forms which in turn contributes to business growth and helps drive Ukraine’s economy forward.”
Anna Derevyanko, Executive Director, EBA, added: “The Association unites more than 1,100 businesses. Every day we work together with international partners, Ukrainian state officials and institutions to create a stable and reliable business climate in the country and strive to reach new goals to make the voice of modern business in the country stronger. We have a wonderful and professional team – in Kyiv, Lviv, Odesa, Dnipro and Kharkiv – to give our members the highest level of advocacy, besides, developing educational programs and CSR projects, where big businesses share their experience with small ones. But there is always a room for change and qualitative transformations and this joint qualification is our next ambitious goal to help drive Ukrainian business forward.”