Fraud Update: Identifying, Preventing and Managing Risk

UK companies continue to suffer from fraudsters and their activities. At their worst, fraudsters can destroy firms and professional reputations. You and your firm could be victims of fraud by employees, suppliers or clients, or you may find that weak controls allow fraudsters to use your firm to commit crimes. However, fraud can be a manageable threat if approached in the correct way.

WHAT WILL I GET OUT OF IT?
• review of the principal changes brought about by the Fraud Act 2006
• knowledge of the changes in professional standards regarding the fight against fraud
• knowledge of how to build a risk-based fraud management strategy to help reduce the possibility of loss
• ability to assess your firm’s vulnerability to fraud
• development of a relevant fraud management strategy.

KEY FEATURES
• review of the significant changes brought in by the Fraud Act 2006
• fraud redefined
• types of fraud
• latest trends in business fraud
• fraud – in or out with regulated activities
• building effective fraud controls
• relevant case law.

WHO SHOULD ATTEND?
Front office professionals, managers responsible for operations, risk managers, MLROs (nominated officers), compliance officers.

LECTURER
Mark R Outhwaite, Director, Out & Out Answers Ltd