Financial Crime Risk Management Course Agenda

09:00 - 09:20 – Welcome and introduction to course objectives

  • Overview
  • Financial crime risk management framework

09:20 - 10:30 – Corporate fraud – the rising tide

  • Definitions, scope and scale
  • The people problem – characteristics, motives and red flags
  • The key controls to prevent and detect fraud
  • Threats and trends – recent reports and cases analysed

10:30 - 10:45 – Coffee

10:45 - 12:30 – Bribery, corruption and insider dealing – the current focus

  • History and international context – Siemens, Galleon and other cases
  • The UK position: The Bribery Act 2010 in practice
  • Attitude of the authorities – “credible deterrence”
  • Risk assessment, due diligence and the key controls

12:30 - 13:30 – Lunch

13:30 - 15:15 – Money laundering – the crucial background Money laundering and terrorist financing threat assessment

  • New international initiatives:
  • FATF standards and recommendations (2012)
  • EU developments  Risk-based approach and key controls
  • Analysis of recent cases, regulatory fines and reports
  • Controls framework – control environment, prevention and detection

15:15 - 15:30 – Coffee

15:30 - 17:00 – Business ethics – essential context

  • Business ethics fundamentals
  • The importance of pressure and its effect on behaviours
  • Individual and corporate responsibilities – the modern ethical toolbox
  • The consequences of failures of business ethics – recent cases reviewed
  • Board and committee structures

17:00 – Close