Sessions

Identity matching is one of the most complex technological challenges facing anti-money laundering (AML) and anti-fraud experts; it incorporates linguistics, culture, formatting and data quality issues. Often, the linguistic elements are ignored and screening systems focus on IT solutions for what is far from being a purely technical problem. This session will look at the different ways that names from different languages and cultures can be presented in identity documents and discuss the challenges of screening data containing these variations without generating too many false positives. It will also look at the linguistic techniques that can be used to overcome these challenges and complete the identity screening picture.             

You Will Learn How To:

• Understand the linguistic and cultural influences that affect the ways names from around the world can be written
• Select and test screening systems for AML and anti-fraud purposes
• Collect and store identity data for screening projects

Level: Intermediate
Recommended Prerequisites: Fraud examiners who have experience screening identity data against compliance intelligence information, including investigators working in financial institutions.
Field of Study: Specialised Knowledge

In many European countries pre-employment checks can only be done legally when they are relevant and proportionate to the role of the applicant. However, the one-size-fits-all screening applied on every applicant does not meet this requirement. This session will explore a risk-based model of pre-employment screening. It will also provide a screening procedure which can be uniformly applied in various legal jurisdictions while still meeting the compliance requirements of being proportionate and keeping intrusion into the applicant's privacy to a minimum.

You Will Learn How To:

• Build a uniform screening-process applicable in various legal jurisdictions
• Assess the inherent risk of vacancy
• Define relevant and proportionate screening goals

Level: Advanced                                                                                                                                  
Recommended Prerequisites: A working knowledge and experience in risk assessment and the hiring process
Field of Study: Personnel/ Human Resources

Based on the analysis of the CEO Fraud phenomenon and an actual investigation, this session argues that threat intelligence is too narrowly aimed at information security personnel. Threat intelligence is based on the collection of diverse sources of intelligence and aims to inform companies and organizations on the cyber threat landscape. The session will explore how sharing threat intelligence more broadly by involving other departments beyond Information Security (e.g. Legal, Corporate Security, Compliance, Finance) can yield better results for both proactive (prevention) and responsive (investigations) security, in the physical and digital worlds.

You Will Learn How To:

• Understand the modern cybercrime/cyberfraud landscape
• Improve investigation results and preventive security by leveraging interdepartmental intelligence
• Use open source intelligence and information technology to improve the success rate for investigations

Level: Advanced                                                                                                                                 
Recommended Prerequisites: Knowledge and experience with the current state of technology as it applies to fraud
Field of Study: Information Technology

Most of Europe’s mid-sized, or even large, companies do not have an internal department dedicated solely to fraud investigation. Setting the first steps and deploying the right team of experts has a crucial impact on the final result of an internal fraud investigation. It is an art of conducting an orchestra of internal and external resources and setting the tone for the company’s stakeholders. Compliance departments play a vital role in deciding if a reported compliance violation will result in a fraud investigation case. This session will present a best-case example of how to manage and leverage internal and external resources and stakeholders in order to achieve favourable results.

 

You Will Learn How To:

• Best present yourself as an internal auditor or fraud professional within a company where other departments may carry more weight
• Best acheive synergies across various departments within a company when conducting an internal fraud investigation
• Pick the appropriate external consultants and manage them in order to get the most value

Level: Intermediate
Recommended Prerequisites: Some experience and knowledge of the fraud examination process
Field of Study: Specialised Knowledge 

In the autumn of 2016, the publication of the Anti-Bribery standard, as ISO 37001, was a focal point for anti-corruption compliance programs. The future ISO 37001, Anti-bribery management system, is certifiable and specifies a series of measures to help organisations prevent, detect and address bribery. Its release suggests that there are now recognised principles in the prevention and detection of corruption. This session will discuss how the implementation of this standard can support a strong conduct culture and provide evidence of an effective compliance function. 

You Will Learn How To:

• Understand how ISO 37001 standard is stuctured and how it is different from ISO 19600:2017 Compliance Mangement Systems (CMS)
• Review the main requirements of the ISO 37001 standard 
• Assess the added value and limitations of ISO 37001

Level: Intermediate
Recommended Prerequisites: Understanding of the components and goals of the ISO 37001 standard
Field of Study: Regulatory Ethics

Anti-money laundering (AML) audits and reviews are one of the best ways to reveal if your AML systems and control program are working, and where it may fall short. Achieving these goals can be a challenge due to the complexities of conducting the audit review itself. This session will provide guidance for managing this function. From assessing regulatory expectations, to assembling the right technology and expertise, and interpreting the results to improve your compliance regime, this session will provide workable solutions to seemingly difficult issues.  

You Will Learn How To:

• Understand the "3 Lines of Defense" and their impact on the audit plan
• Use statistical sampling techniques to obtain representative results about populations tested
• Start the development with a risk-based audit plan

Level: Advanced                                                                                                                    
Recommended Prerequisites: Auditing experience as it relates to fraud examination
Field of Study: Auditing

Culture is seen to be at the heart of many recent corporate scandals. In many cases, the scandals occurred in organisations that were highly regarded, with mechanisms that were considered world class. What might be considered unethical to one person, sometimes becomes understandable when considered in the local circumstances and environment in which the decisions were made. This session will explore whether the tools and techniques in the forensic accountant’s toolbox can be used to objectively assess whether local cultures are creating an environment in which people feel safe and supported when making decisions in line with their organisation's purpose and values, reducing the risk of fraud.
 

You Will Learn How To:

• Identify the link between culture and the fraud triangle
• Be confident in talking about a subject that many inititially consider intangible
• Objectively assess culture using forensic techniques

Level: Intermediate
Recommended Prerequisites: A working knowledge of risk management and assessment
Field of Study: Management Services

Culture and conduct is high on the regulatory agendas across Europe. How high is it on your board's agenda? The benefits to an ethical corporate culture can include increased profitability fueled by customer, investor and employee satisfaction, and reduced loss from fraud or remediation programmes. This session will identify the common pitfalls and red flags of a poor corporate culture and how to overcome common obstacles. It will also provide specific actions your organisation can take that are in line with best practice guidance and measures to evaluate success. 

You Will Learn How To:

• Explain the global landscape and current U.K. regulatory agendas relating to a strong corporate ethical framework
• Understand the benefits of a good ethical corporate culture from a profitability perspective
• Identify the common pitfalls and identify red flags highlighting a poor ethical framework

Level: Intermediate
Recommended Prerequisites: Knowledge of corporate culture, tone at the top and how these contribute to an ethical organization
Field of Study: Behavioral Ethics

As alternative currencies such as Bitcoin grow in popularity, so do the opportunities for new types of fraud. This session will explore whether these new frauds also require new methods of investigation by comparing the Mt. Gox Bitcoin exchange fraud case with common investigation methods. This session will also discuss other publications and research that provide insight into the investigation methods used.

 

You Will Learn How To:

• Adopt investigation methods for Bitcoin fraud
• Compare current situations with theoretical models
• Understand the way Bitcoin works and how anonymity is not always guaranteed in the Bitcoin world

Level: Advanced                                                                                                                                                            
Recommended Prerequisites: A working knowledge and experience in the current trend in alternative currencies
Field of Study: Specialised Knowledge 

An understanding of how personal vulnerability, in addition to event trauma impacts on the investigative interview, is important to those advising on forensic interviewing. Large scale investigations involving a vulnerable witness or suspect can be potentially complex and challenging. Using an actual fraud case study where the trauma related to the circumstance of the event in addition to the particular vulnerability of the suspect impacted on the interviewee’s ability to participate in the interview process, this session will examine how forensic interviews are managed and how vulnerability impacts outcomes.  

You Will Learn How To:

• Define different vulnerabilities that impact forensic interviews within a U.K. and EU context
• Advise on prompts to assist invetigators in identifying vulnerabilities 
• Identify strategies to facilitate maximum involvement of the interviewee during an investigation

Level: Advanced                                                                                                                                 
Recommended Prerequisites: Knowledge and some experience with interviewing in a fraud examination environment
Field of Study: Communications and Marketing