Go to Jail, Go Directly to Jail… Fighting financial crime is not an optional activity. Recent attention by both regulators and the press has highlighted the need for business leaders to be proactive in combating financial crime. |
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| I. Formation of an End-to-End Loss Reduction Strategy |
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Learning Objectives:
Where a Fraud Strategy fits into an overall organisational strategy
How to build the internal business case
How to define and monitor measures of success |
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| II. Mechanisms for Preventing Fraud & a Detection-Based Architecture |
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Learning Objectives:
Understanding method, motive and opportunity
Dealing with the data
Considering storage
Generating alerts and taking action
Workflow and support of the investigation |
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| III. Principles of Fraud Detection Supported by Technology |
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Learning Objectives:
Intelligence-led detection
Data-matching and verification
Visualisation
Rules and statistical profiles
Advanced analytics |
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| IV. Dealing with Money Laundering in the Real World |
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Learning Objectives:
Why money laundering is such an important issue
Why we treat it differently to fraud
The legal and regulatory regimes (USA, UK & EU)
Some unexpected consequences of Anti-Money Laundering requirements |
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| V. The Future of Technology in Dealing with Fraud |
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Learning Objectives:
The pressure on criminals to adapt
Some examples of sophisticated crimes
The cutting edge of detection technologies |
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| VI. Fraud Investigation within a Strategic Framework |
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Learning Objectives:
The strategic objectives of investigation
Fraud Response Plan or Fraud Investigation Plan?
Conducting the investigation
Involving law enforcement
What constitutes a 'successful' investigation? |
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| VII. Pre-Employment Screening: Keeping The Fraudsters Off The Payroll |
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Learning Objectives:
How one London Local Authority protects itself and its customers against fraud
How to make these checks part of the anti-fraud culture
The benefits of undertaking checks on successful applicants
What processes can be used to establish these checks in an organisation |
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| VIII. Fraud Strategy: Is Your Culture Holding You Back? |
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Learning Objectives:
The motivation and psychology of fraud and how it drives our strategy
Recruiting and retaining the right staff
Some of the inhibitors to cultural change
How to influence positive behaviour in the organisation
Some sample techniques and measures for cultural change programmes
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| IX. Watching the Detectives: Fraud Detection and Tuning Techniques |
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Learning Objectives:
How to put fraud detection into a wider framework
The relative merits of the main detection techniques
How to use yield-based analysis to understand how to choose which technique to use and when |
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| X. Public Sector Fraud: When You Can't Choose Who to Do Business With |
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Learning Objectives:
How the public sector ethos and regulation can be used against it
How public sector infrastructure can be both inhibitor and enabler to combating fraud
The implications of ‘proportionate response’ |
