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