Fraud and Corporate Criminal Liability: A General / Selected Industry (according to certain regulation) Perspective

Fraud has been a sensitive issue for decades and people tend to avoid discussing it in daily business life. However, given the increased regulatory bar in both global and national contexts, the business can no more avoid discussing, accepting, and managing the risk arising from fraud.

Every organization that is keen to stay relevant in business regardless of whether they are for-profit or non-profit type should be aware of this issue and thus provide sufficient responses to manage fraud risks. Before we can measure what to do, firstly we have to be aware of what is fraud and its derivatives. In this program, we will seek to understand fraud, its typology, the urgency of managing fraud risks, and how to manage fraud risk in general or according to our industry. The Company can also use this program to refresh their employees on fraud risk on regular basis.

After completion of this program, participants will be able to:

• Understand the concept of fraud
• Identify typology of fraud
• Understand corporate criminal liability and industrial regulatory requirement
• Understand how to manage risk of fraud from 4 anti fraud pillars