2013-02-19 10:03:47 -
Global learning solution helps financial services firms and corporates drive
their compliance strategies in the fields of competition / anti-trust and anti-
corruption / anti-bribery
LONDON, 19 February 2013 - Clifford Chance and Thomson Reuters, world leading
providers of legal and information services respectively, have launched a suite
of eLearning courses on a variety of topics including competition and anti-
corruption. The eLearning offering enables compliance, legal and HR officers to
monitor training on a real time, enterprise-wide basis, and aligns Clifford
Chance's leadership and knowhow in competition and other regulatory regimes with
Thomson Reuters best in class technology solutions.
The joint initiative helps businesses to reduce the cost and time associated
with training staff members, and to mitigate the risk of the substantial costs
incurred when regulators expose gaps in compliance
strategies. Deploying the
eLearning platform to raise internal awareness and understanding of competition
and anti-corruption laws forms an integral part of a robust approach to
compliance, particularly in a challenging business environment where failure to
manage risk effectively has led to substantial fines, reputational damage, and
criminal convictions for individuals and company directors and officers.
The platform is strong on the key points of intuitive learning, monitoring
course completion and cost-effectiveness. Clifford Chance has developed plain-
speaking content and case studies to make the training practical and memorable.
Each of the interactive courses, available in a range of languages, takes a
modular approach, progressively introducing key learning points. Comprehension
is tested through an online quiz.
Compliance officers and those responsible for rolling out and administering
training can monitor and track learning on a real time, enterprise-wide basis.
Thomson Reuters Accelus is an established eLearning business that already
delivers courses in 19 different languages to more than 500 clients and 600,000
users globally on a wide range of topics in categories such as Induction and
Awareness, Financial Crime, Business Conduct and Governance and Risk Management.
"We are delighted to work alongside Thomson Reuters on this landmark
initiative," said Alex Nourry, partner and head of the London Antitrust Practice
at Clifford Chance. "Combining our understanding of competition and anti-
corruption with the leadership that Thomson Reuters brings to technology
solutions has resulted in a vital source of learning."
"This partnership with Clifford Chance is an exciting proposition for us as a
business," said Mark Schlageter, managing director, Governance, Risk &
Compliance, Thomson Reuters. "We have seen tremendous demand for our eLearning
solutions as organisations better understand the need to equip compliance teams
with the most up-to-date and relevant information to support corporate
governance processes. The partnership supports our ongoing commitment to meet
clients' demanding regulatory and best practice requirements, structuring
delivery around the real needs of users."
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Clifford Chance is one of the world's leading law firms, helping clients achieve
their goals by combining the highest global standards with local expertise. The
Firm has unrivalled scale and depth of legal resources across the five major
regions of Africa, the Americas, Asia Pacific, Europe and the Middle East, and
focuses on the core areas of commercial activity: capital markets; corporate and
M&A; finance and banking; real estate; tax, pensions and employment; litigation
and dispute resolution. Clifford Chance has 35 offices in 25 countries with some
3,400 legal advisers. The Firm also operates a co-operation agreement with Al-
Jadaan & Partners Law Firm in Saudi Arabia.
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organization. With
headquarters in New York and major operations in London and Eagan, Minnesota,
Thomson Reuters employs approximately 60,000 people and operates in over 100
countries. Thomson Reuters shares are listed on the Toronto and New York Stock
Exchanges. For more information, go to www.thomsonreuters.com.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE