International Financial Fraud, Investigations and Compliance

About This Course

Financial fraud is a threat to the performance of organisations, the integrity of economies and the security of countries. Consider corruption as an example: evidence supports that corruption is likely to adversely affect long-term economic growth through its impact on investment, taxation, public expenditure and human development. Corruption is also likely to undermine the regulatory environment and the efficiency of state institutions. For organizations, corruption inflates costs and undermines competition because companies that refuse to pay bribes will likely be excluded from the market.

The international regulatory and compliance environment is now more complex than ever. It can also be unforgiving. Organisations everywhere need to make compliance and preventive measures a key component of their approach to business. Enforcement risk is no longer just local. Indeed, conduct in Asia is a key area of enforcement focus for law enforcement agencies and regulators in the West. With a robust enforcement environment, the consequences to organisations for failure to comply with relevant laws and regulations can be severe; there is a real financial cost to non-compliance with penalties running in the multi-millions and billions.

In this course, you will learn the basics of financial fraud: what it is, how it affects you, and what to do to protect your organisation by proactively conducting due diligence checks, investigating cases, and taking remedial measures to address root causes and mitigate the risk of recurrence. Participants will gain a practical, hands-on overview of how to deal with financial fraud and how to navigate the complexities of compliance, with a focus on the compliance regimes of Singapore, the United States of America and the United Kingdom.