Author: gabriel

3rd Cyprus Anti-fraud Conference – Screenshots

3rd Cyprus Anti-fraud Conference

Bank of Cyprus presented the digital “3rd Cyprus Anti-fraud Conference” on Tuesday, 15 December 2020. The event ran online.

See the below screenshots from the event with our president Mr. George C. Zornas, MBA, CFE, FCCA.




3rd Cyprus Anti-fraud Conference

Bank of Cyprus is presenting the digital “3rd Cyprus Anti-fraud Conference” on Tuesday, 15 December 2020. The event will run online.

This year’s Cyprus Anti-Fraud Conference will welcome a number of high caliber speakers to discuss the newest challenges facing the anti-fraud community and evaluate how one can better protect their business from fraud. Don’t miss on screen:

  • Zoe Newman, one of the Managing Directors  and the Co-Head of Financial Investigations at Kroll (a division of Duff & Phelps) in the UK who will discuss state-level corruption and investigation trends
  • Howard Cooper, also a Managing Director and Co-Head of Financial Investigations at Kroll (a division of Duff & Phelps) in the UK who will address key money laundering risks and the dangers of becoming a facilitator to financial crime
  • Kevin Humphreys, a Tax and Forensic Investigations Consultant at Integrated Dispute Resolution in the UK who will provide us with an overview of how the National Crime Agency tackles illicit finances deriving from fraud
  • Raymond Bull, an Emeritus Professor of Forensic Psychology at the University of Leicester, and the Director of Professor Ray Bull and Associates Limited in the UK who will provide tips on how to help improve the interviewing of fraudsters
  • Polly Wilkis, a Principal at Kobre & Kim in the UK who will discuss ways of mitigating brand damage and reducing reputation risk
  • Don Randall MBE, a Senior Consultant at Bivonas Law LLP in the UK who will talk about the global reach of illicit and criminal cyber activities and the “Dark Web”
  • Alexis Nicolaou, the CEO of Block.co in Cyprus who will discuss how blockchain can help combat fraud

The Chairman of this year’s proceedings will be the Group Internal Audit Director of Bank of Cyprus, and the President of the Cyprus Chapter of the Association of Certified Fraud Examiners, Mr. George Zornas

One of the highlights of this year’s event will be the fireside chat between the Chairman of the Conference and the RBC whistleblower John Banerjee who took on Canada’s biggest bank and a magic-circle law firm, and won

The Conference will be conducted in English and full participation at the event corresponds up to 4 CPD units. For more information regarding the event, click here.

The Conference is addressed to professionals from the following:

  • Accounting, audit and tax firms
  • Insurance and re-insurance firms
  • Law firms and legal consultants
  • Banks
  • Financial services providers
  • Consulting firms
  • Law enforcement agencies
  • Relevant regulatory authorities

The Conference is being organised in association with the Cyprus Chapter of the Association of Certified Fraud Examiners.

For registrations, click here

Registration fee: €60* + 19% VAT per person

*Members of supporting organisations (Cyprus Chapter of the ACFE, CFA Society CyprusCIFCYFAICPAC and IIA Cyprus) are entitled to a 10% discount.

For further information, please contact IMH on 22505555, or via e-mail at events@imhbusiness.com.

Why do people commit fraud?

Explore how pressure, opportunity and rationalization — called the Fraud Triangle — can come together to influence an individual to commit fraud.

See below the relevant video:

Fraud in the Wake of COVID-19: Benchmarking Report

COVID-19 has affected — and will continue to affect — the business environment in countless ways. Travel bans, employees working remotely, and an increased reliance on technology and economic uncertainty have become the reality for many organizationsaround the world. And while these and other hurdles present numerous logistical and operational challenges, they also open the door to the increased pressure, opportunity and rationalization that can lead to fraud.

To illuminate the global pandemic’s impact on the fight against fraud, the ACFE is undertaking a series of benchmarking surveys exploring how fraud risks and anti-fraud programs are changing in the current environment. The September 2020 edition of the Fraud in the Wake of COVID-19: Benchmarking Report summarizes the results of the second of these surveys, which was conducted from late-July to mid-August 2020. We hope that the information highlighted in this report will help you understand how fraud risk is evolving and the importance of staying ever vigilant in protecting against its harms in the wake of the novel coronavirus.

For more information please click here.

 

Source: ACFE global

How is money laundered?

Learn some of the basic ways fraudsters can clean money they’ve obtained through illegal means.

See below the relevant video:

Prevent Fraud Before It Happens: How to Train Employees to Be Fraud Detectors

GUEST AUTHOR
Michele L. Creek-Tatom, CFE, CIA
Internal Audit Manager, J.R. Simplot Company

“That could never happen here! Why would someone ever steal from our company? The internal audit people will catch it if someone tries anything. My co-workers are like family! I just can’t imagine someone doing that!”

Does this sound familiar? As anti-fraud professionals, we are trained to find and fix the opportunities for fraudulent activity within our organizations. But there are usually only a few of us and many employees. How is a small team, or single fraud professional, supposed to deter and detect all fraud? The answer is we can’t. We rely, in part, on the honesty of the average employee. For dishonest employees, we rely on controls and consequences to deter bad behavior. But what if there were a way to enlist and educate the honest, frontline employee to be the eyes and ears of everyday fraud detection? What if fraud awareness became every employee’s responsibility — not just the fraud professionals’?

Please click here to read the full article.

source: ACFE insights

5 Anti-Fraud Professionals Share Their Advice for Remote Interviewing

GUEST BLOGGER
Mason Wilder, CFE
Senior Research Specialist

Business disruptions occurring globally are causing significant shifts in how everyone, including fraud examiners, approach their jobs and duties. With many professionals working remotely for the first time, one of the most significant changes for fraud examiners might be the inability to conduct in-person interviews due to COVID-19.

One of the most impressive things about the ACFE membership is the wide range of roles, backgrounds and types of professional experience represented. Some members are not letting COVID-19 restrictions affect their tried-and-true processes, while for others, remote interviewing has been part of their repertoire well before a global pandemic impacted the profession.

Please click here to read the full article.

Source: ACFE insights

About ACFE

The ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 85,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.

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