Program Brief
To combat Fraud threats, laws and regulations have been enacted that make financial services responsible for preventing those threats. This program is designed to provide candidates with a proper understanding of fraud, its types, its indicators, methods of Fraud detection, investigation and prevention, different tools available to counter fraud in financial Sectors.
Sectors
Program Topic
- Compliance and Anti-Financial Crimes
Program Goals
At the end of the training program, the participant should be able to:
- Recognize fraud and its different varieties in order to due diligence
- Discuss key indicators of the possible presence of fraud to ensure reporting of suspicious activities and ongoing monitoring
- Familiarity with the different strategies to manage and prevent fraud
- Understand the anti-fraud regulation in the Kingdom of Saudi Arabia to comply with and apply it
Program Agenda
Module 1: The Meaning of Fraud and its Indicators and Types
1 The meaning of fraud
2 The main indicators of potential fraud
3 Types of insurance fraud:
Internal fraud
Insurance service provider fraud
Module 2: Different Forms of Fraud
1 The different forms of fraud
2 The various strategies of fraud control
Module 3: The Regulatory Framework for Anti-Fraud in KSA
1 Anti-Fraud Regulation: Purpose and Definitions
2 Scope and Exemptions, Compliance Measures, Non-Compliance
3 Anti-Fraud Regulation in Strategy: Responsibilities of Management
4 Policies and control systems: contingency plan, documentation and review, information exchange, and prepare the report of risk management
Program Requirements
Not Available
Program Path
Names of the training programs that are integrated (enriched) with the training program:
- Not Available
Names of the training programs that after the training program:
- Not Available
Program Method
- Lecture
- Case Studies
- Brainstroming
- Practical Implementation
- Dialogue Teams
Evaluation Method
- Pre Exam
- Post Exam
Training Type
- In Class Training
- Online Training
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