Preventing Fraud & Identity Threats in Financial Services

Introduction

Fraud and financial crime are an ever-growing threat, requiring increasing levels of investment in preventive measures from financial service firms and impacting the lives of millions of ordinary people.

The UK government reports that 41% of all reported crime is now fraud and economic crime. Recent legislation places further obligations on companies to prevent fraud and widens the scope of corporate liability, placing additional regulatory burdens on business owners and managers.

This virtual classroom session will look at current trends in financial fraud and identity threats. The material will cover recent changes in UK law and look at what measures managers and compliance teams need to take to comply with their legal obligations. It will also look at how fraudsters operate in the real world and what practical steps you can take to mitigate the risk of your organisation falling victim to fraud.

What you will learn

This live and interactive course will cover the following:

• The legislative framework of fraud
• Understanding fraud and fraudsters
• Identity as a fraud methodology
• Current fraud typologies
• Corporate risk management and mitigation
• Practical responses
• Case studies and prosecution cases

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.