Description
Overview
There are a number of different types of fraud that occur within or outside an organization which could cause severe damage to an institution. This includes reputational, financial, and operational risk which could lead to losses for an organization.
During this webinar, we will discuss the current environment each type of fraud and provide real-life situations that have occurred.
Webinar Objective
• Overview & Background
• What do the Fraud stats say?
• Types of Fraud
• A Fraud program
• Fraud prevention
• Regulatory implications
• Takeaways
Why should you attend ?
Fraud is prevalent in almost every industry. Bank fraud is a criminal act that occurs when a person uses illegal means to receive money or assets from a bank or other financial institution. It’s much more than just bank robbery, check fraud and impersonating someone else. This could also include Insider trading, Embezzlement, Cyber Crime, Online Banking
A criminal can infiltrate your institution without being seen or heard. As technology keeps improving, criminals will be equipped with more tools to work with in order to infiltrate your institution.
The governments around the world are becoming increasingly concerned. The issues come from a number of issues over the last two years and the overall impact on our way of life. This poses a significant threat stability of economy.
Areas Covered in the Session
• Fraud and what it means today
• Understanding the different types of fraud
• Real-life situations that have occurred recently
• What to do with your program and have it becomes less risky
• Takeaways
Who will benefit
- Compliance
- Legal
- Risk Management
- Operations
- Technology
Instructor Profile
Justin, brings over 20 years of wide-arranging experience in compliance, training and regulations. He has previously worked as Head of Compliance Training for Macquarie Group, UBS, JPMorgan Chase, Bank of China, and GRC Solutions. Justin also runs his own Compliance Training company focusing on US & International regulations, JTM Compliance Training.
Justin also worked for FINRA, a US regulator, where he created Examiner University to train examiners on how to perform their function. He also serves as US Chapter Head for the Global Compliance Institute (GCI) and instructs at the Barret School of Business and various compliance training providers.
