Financial Crime Prevention - A Guide for Business

Introduction

Financial embezzlement, frauds and cybercrimes are three of the key risks to any business today, and recently, in the COVID-19 lockdown, even more so.

As staff work from home there are much greater risks to our security, confidentiality and access to key information as well as many more inventive scams taking advantage of the pandemic, in particular. Much has been done over the last few years to tighten up our systems procedures and approaches, but more can still be done.

This virtual classroom seminar will explore the key steps you need to have in place to ensure that your internal systems are as ring-fenced as possible and your staff are working within the confines and disciplines required; especially given the increased risks of working from home.

What of our alertness to fraudsters who pretend to be people they are not?

What You Will Learn

This virtual classroom seminar will cover the following:

• An explanation of the risks - money laundering, sanctions, terrorism, bribery corruption and tax evasion
• An outline of the frauds and scams to which we are subject
• Key factors to consider in internet-based frauds
• Recent examples of breaches
• COVID-19 risks
• Cyber essentials as a remedy
• Personal ID fraud - the latest
• Quality systems and other measures to offset it
• Data protection implications
• What to do if you fall victim

Quick Quiz - Test Your Knowledge: Money Laundering

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.