Global Risk Advisory Services - Training and Advisory Consultants

Financial Crime Awareness

  • How much is understood about financial crime?
  • How much is assumed when dealing with everyday business transactions and approaches that appear normal?
  • How many people clearly understand the significant risk of a moment’s lack of care?

The essence of all financial crime operations is to give the appearance of total normality.

Financial criminals are very successful, why? Because financial organisations let their guard down or have less than effective barriers to identify, prevent or repel a criminal approach.

Prevention is the key.

The subject areas covered by our trainers are outlined below.
The training presentations can be tailored to your needs. You can select a package of the following presentations to build a training course.

FINANCIAL CRIME PREVENTION TRAINING PRESENTATIONS

  • DO I REALLY KNOW MY CUSTOMER?
    ‘Know Your Customer’ (KYC) has become a byword and requirement for success in the current market climate within the Global Economy. On the surface this may seem simple. But, is it really that easy? This presentation explains the rationale behind KYC from a regulatory perspective and also shows how those with criminal intent develop false identities for themselves including use of corporate entities as a front.

  • KNOW YOUR EMPLOYEE
    Few companies escape the reach of occupational fraud. Typical losses average 6% of annual revenues to employee fraud. It is essential that all companies and organisations KNOW THEIR EMPLOYEES, AGENTS, VENDORS and OUTSOURCE COMPANIES. Serious reputational and financial damage can be incurred if companies do not take great care in who they choose to work for them. This presentation explains the problems and guides you to reducing your risk.

  • INTERNAL FRAUD AND CORRUPTION
    These insidious crimes can penetrate even the most close knit organisation. Understand vulnerability points and be prepared to recognise warning signs.

  • FINANCIAL CRIME PREVENTION
    Understand how your company or organization can be victimized and generally misused by criminals. Review current fraud methodologies and systems used by international and local fraudsters. Create a prevention process tailored to your organization.

  • ANTI MONEY LAUNDERING
    This programme explains how the criminals, whether they be commissioners of the original offence that generated the money requiring laundering or the launderers, operate. Understand the vulnerabilities and how to prevent being misused.

  • MONEY LAUNDERERING BEHAVIOURS
    Discover the ‘RED FLAGS’ or warning signs that tell you when all is not as it should be. See how money launderers use ‘GAS’, (Greed, Avarice and Stealth) to take you to the cleaners.

  • MONEY LAUNDERING METHODS
    Understand tactics employed by money launderers that effectively misuse business systems, jeopardize stability of the financial system and the potential to seriously damage the reputation of the organisation.

  • ORGANISED CRIME – CAN YOU RECOGNISE IT?
    Understand a phenomena that often is mistaken for genuine business. Appreciate from this straightforward presentation that organised crime is more than a bunch of crooks getting together.

  • CAN THE INTERNATIONAL CRIMINAL BE STOPPED?
    Fraud can never be stopped, but it can be minimized. The main problem arises when trying to isolate the criminal as well as the illegal operations. Learn how to recognize and counteract these activities so that your organisation is not affected or infected by criminal actions.

  • CRIME WITHOUT BORDERS
    This affects all companies whose business success is reliant on the global economy. Learn the points to look for and understand the signs and symptoms.

  • HIGH YIELD INVESTMENT OPPORTUNITIES AND OTHER SCAMS - the odor some proposed deals give off is definitely NOT perfume
    Understand one of the most prolific of international frauds. The multiple risk factors invariably affect the customer and/or prospective customer. The risk to any organization, regardless of type, is always going to exist and will be reputational as well as fiscal. Understand how you can be ensnared, the consequences and avoidance strategies.

  • INTERNET AND DOCUMENT FRAUD
    If it seems too good to be true - it usually is. Examine the types of documents that are portrayed as authentic by criminals. They are consistently characterized by investment solicitations to lure victims with the promise of easy money. Learn how to avoid falling victim to these deceptions.

  • CRIMINAL DOUBLE-TALK – CROOK SPEAK AT ITS FINEST!
    A comprehensive list of all the terms that fraudsters may use. Some sound like good business terminology. Some are unusual but could be correct. Some are just too improbable to believe, yet people fall for them every day.

  • HAWALLA OR SECONDARY BANKING
    We all think we know what a bank is. Do we? This presentation deals with alternative banking. This was how money or the value of money was transferred in early times. This method is still used today. Learn just what a modern day secondary bank is and is not.

  • COUNTERFEITING AND PIRACY
    These activities not only undermine company profits, they also undermine whole economies. How serious is the risk? This presentation outlines the enormity of the risk and introduces remedies for you to help counteract this insidious problem.

  • THE USA PATRIOT ACT
    This legislation brought in after the September 11, 2001 attacks in the USA has impacted financial institutions around the world. What provisions impact your organisation regarding planning, preparation and resources? What are the ramifications if your organization is unprepared?

GRA Services Training Programmes

Our programmes have been used worldwide and the presenters are known internationally for their expertise in the field of prevention.

WE CAN PROVIDE TRAINING ON:

  • Financial Crime Awareness
  • Fraud Prevention
  • Money Laundering Prevention
  • Personal Safety & Security

For more information about our training programmes available - click here.

Publications

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Confidential Material
Designed for practitioners in the UK investigating or advising on commercial fraud or serious crime, and for those in possession of confidential material.

Click here to buy at amazon.co.uk

Articles

Brendan Hewson is the Consultant Editor of the Financial Crime Section of www.gtnews.com.

  • gtnews.com- special report
    MONEY LAUNDERING
    In this special report on money laundering, Brendan Hewson, gtnews editor of the Financial Crime section, discusses latest developments in anti-money laundering techniques and how organizations can - and must - implement effective prevention methods.
    To read the report in full - click here
  • gtnews.com
    LESSONS FROM HISTORY: HOW CAN THE INDUSTRY PREVENT FINANCIAL CRIME?
    For years, proper attention has not been paid to the problems and significant damage caused by financial crime. Fraud and other financial crimes, including money laundering, are generally preventable so why does history repeat itself with cases of f...
    To read the report in full - click here
  • gtnews.com
    A SWIFT APPROACH TO THE WAR ON TERRORISM
    It has recently come to light that SWIFT has been providing the CIA with data on financial transactions for over four years as part of the war against terrorism in the US. In this commentary, Brendan Hewson discusses whether the role of SWIFT is tha...
    To read the report in full - click here
  • gtnews.com
    FUNDAMENTALS OF DUE DILIGENCE: A CRITICAL BUSINESS TOOL (PART ONE)
    Due diligence is fundamental to the survival of any corporate risk-based business operation whether it operates in one or many jurisdictions. In fact, due diligence is essential for financial institutions that want to prevent or minimize losses from...
    To read the report in full - click here
  • gtnews.com
    FUNDAMENTALS OF DUE DILIGENCE: A CRITICAL BUSINESS TOOL (PART TWO)
    Due diligence is fundamental to the survival of any corporate risk-based business operation whether it operates in one or many jurisdictions. What documentation and checks should companies have in place to make sure they perform effective due diligen...
    To read the report in full - click here
  • gtnews.com
    DO YOU KNOW YOUR EMPLOYEE?
    One only has to read recent headlines to see how employees, including CEOs and CFOs, have caused damage to company reputations and wrought havoc with share prices. How does this happen and, more importantly, how can it be prevented? The reality is th...
    To read the report in full - click here
  • gtnews.com
    PROTECT YOUR REPUTATION; DON'T TAKE A RISK WITH FINANCIAL CRIME
    Financial crime within the industry will never be stopped completely but the risk and damage caused can be minimised. Banks and other financial institutions must put in place effective measures and keep up-to-date with latest developments to stop the...
    To read the report in full - click here