About the Course
This one-day, interactive training course equips risk and compliance officers in UK regulated financial services businesses with the knowledge and tools to conduct effective anti-fraud risk assessments. Participants will gain a comprehensive understanding of the regulatory landscape, common fraud types, and best practices for identifying, evaluating, and mitigating fraud risks.
Duration
One Day
Course Outline
Regulatory Landscape: FCA's FCG & FRAS Standards
Understanding Fraud Types in Financial Services
Conducting a Fraud Risk Assessment: Process & Framework
Identifying Inherent Risks for Different Products/Channels
Evaluating Control Effectiveness in Customer Onboarding, Transactions, & Internal Controls
Data Analysis Techniques for Fraud Detection
Mitigating Fraud Risks & Reporting Procedures
Promoting a Culture of Fraud Awareness & Staff Training