No. It looks like you're designing at a good level of detail.
I think that Countries and Companies are really the same entity in your design, as are Cities and Divisions. I'd get rid of the Countries and Cities tables (and Cities_Has_Departments) and, if necessary, add a boolean flag IsPublicSector to the Companies table (or a CompanyType column if there are more choices than simply Private Sector / Public Sector).
Also, I think there's an error in your usage of the Departments table. It looks like the Departments table serves as a reference to the various kinds of departments that each customer division can have. If so, it should be called DepartmentTypes. But your clients (who are, I assume, attendees) do not belong to a department TYPE, they belong to an actual department instance in a company. As it stands now, you will know that a given client belongs to an HR department somewhere, but not which one!
In other words, Clients should be linked to the table that you call Divisions_Has_Departments (but that I would call simply Departments). If this is so, then you must collapse Cities into Divisions as discussed above if you want to use standard referential integrity in the database.