The Asian Banker is holding a regional anti-money laundering and compliance workshop on 28th October in Singapore.
This event is designed to collaborate key professionals on one-day training on means to avoid and minimise the impact of fraud and other breaches with the right protection measures and processes. Today, regulators, boards of directors, shareholders and consumers are holding corporates or financial institutions and their management teams to a much higher standard when it comes to financial crime prevention benchmarks. Organizations need to rethink and evolve their action plans and strategy to address this pressing issues such as bribery and corruption, money laundering, financing terrorism, fraud prevention, data security, and customer protection laws.
Business resiliency and open source intelligence
The first session of the workshop will focus on how to make the business more resilient against future risks by working out the right contingency plan for the business. This involves the ability to speak out those risks to executives in view of an ongoing business concern in a less risky environment. Howard Mannella, Managing Principal from Alternative Resiliency Services Corp, USA will talk about the best practices and case studies to provide real life practices from past exposures. In line with this first session, participants will also be familiarized with search techniques and methods that form the foundations of improving management, compliance, fraud detection and fraud prevention. These will include getting familiar online privacy / anonymity tools, counterintelligence techniques and creating actionable intelligence from the search results
A holistic approach to cyber-crime and fraud
Nowadays, fraud and cyber team are still working in isolation and there can be early detection and effective tackling of cyber frauds and crime if the organisation takes initiatives within the organisational level and to form coalition and partnership with other organisations. Under the guidance of Amar Singh, CEO& Founder, Cyber Management Alliance, UK, he will talk on how to integrate counter fraud and cyber security team, how to engage staffs in the prevention of leakage information and how to create those partnerships.
Creating an ethical and sustainable working environment
Business ethics are as primarily important to be integrated in the work culture since the employees will deal with private and important information of the company. Anti-fraud program in terms of constant monitoring and auditing ingrained ‘ethics’ in the behaviours of employees. It is much relevant in this current time that compliance and legal department needs to work together and to think about the type of framework designed with the front office. This is a topic which prompts discussions of past experiences and how unethical behaviours had been tackled to improve on the current actions and prevention programs to encourage ethical behaviours.
About The Asian Banker
The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The Singapore-based company has offices in Singapore, Malaysia, Hong Kong, Beijing and Dubai as well as representatives in London, New York and San Francisco. It has a business model that revolves around three core business
lines: publications, research services and forums.
For more information please contact:
Ms. Gerlinde Gerber
Program Manager
ggerber@theasianbanker.com
- Distributed via http://www.AsiaToday.com
