International Webcast: Fighting Financial Fraud in Times of Covid 19 : A Global Perspective
As an estimated 300 million office workers globally are working remotely during the Covid-19 crisis. With greater digital uptake and potentially less stringent security arrangements, this unprecedented situation has seen a tremendous rise in many different types of financial crimes as criminals take advantage of new vulnerabilities.
With these increased threats and challenges, banks need to ensure they remain vigilant and build their prevention readiness in their fight against financial crime.
This International webcast, hosted jointly with FINSIA and AICB, looks at financial fraud across the globe with a focus on:
- Culture and conduct risk management - How can organisations do better at anticipating misbehaviour?
- The effectiveness of the global framework for fighting financial fraud
- What banks are doing differently to enhance control measures and applying emerging technologies to manage these growing threats more effectively.
- How banks, countries and communities can work together to fight financial fraud in these times.