Fraud Awareness (UK)
Train your employees on defining fraud, recognizing common fraud techniques and indicators, and applying practices to prevent fraud.
Course overview
Your employees know how important honesty is in banking and business. Wherever money changes hands, power and influence follow. So, problems like money laundering aren’t just bad for their company, they can point to a trail of corruption, and the funding of organised crime. Since they work in finance, they need to know what the law says about combatting fraud.
The Fraud Act 2006 sets out definitions and examples of fraud. Irregularities and suspicious behaviours can be spotted internally as well as externally. It takes vigilance and proactive steps to succeed in fraud prevention. Your employees will need a framework that covers the range of risks and encourages a culture of compliance.
What’s covered
- Definition of fraud and common types of fraud
- Common fraud techniques and indicators
- Applying practices to prevent fraud
Why your teams need this course
The steps your employees take to minimise the risk of fraud will help safeguard their investors, employees, and the wider world against a broad range of damaging practices and corruption. So, if they’re working in financial services or management, this course is for them. They’ll learn what fraud is and some examples of it, as well as how fraud is carried out, and the signs to watch for. They’ll also discover practices to prevent fraudulent activity.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
Other courses in this collection
Anti-Money Laundering (UK)
Train your employees on defining money laundering, identifying high-risk factors, and applying customer due-diligence checks.
Responsible Lending and Affordability (UK)
Train your employees on defining creditworthiness, affordability, sustainability, assessing creditworthiness, and avoiding unfair practices.
FCA Conduct Risk (UK)
Train your employees on conduct risk, the FCA’s 3 objectives, key risk drivers, and management strategies in financial markets.
