Fraud Management Series Roundtable Discussion
Focus on global fraud prevention has significantly increased as the occurrences of fraud have evolved. Whether through enforcement of laws such as Dodd-Frank and the Foreign Corrupt Practices Act or scrutiny from regulators such as the OCC and the SEC, the expected increase in oversight and enforcement action continues to put pressure on financial services firms. Additionally, the inclusion of Principle 8 to the recently updated COSO Internal Controls Framework formalizes the need for firms to assess their fraud risks. The result is a greater need to enhance anti-fraud control structures and establish stronger processes and tools to mitigate fraud.
PwC Forensic Services' Fraud Management Series explores different types of fraud risks and the anti-fraud controls to consider in order to mitigate exposure. This discussion will cover guidance for conducting fraud risk assessments, the types of fraud schemes affecting the industry, and the heightened role management plays in addressing fraud risks, including:- Government and industry guidance on global fraud risks and management responsibilities for addressing them.- The evolving cyber, asset misappropriation, and corruption fraud risks currently affecting financial services firms.- Conducting a fraud risk assessment and the identification and implementation of anti-fraud controls.- The changing global focus on investigating fraudulent activities such as FCPA, money laundering, and financial product misconduct wherein the US is not always leading the investigation.
Panelists:Julie Copeland - General Counsel, JP Morgan Chase Bank Global Financial Crimes Compliance Kenneth Jones - Head of Fraud Risk Management, UBS Wealth Management Michael Fitzgerald - Partner and Chair, Latin America Practice, Paul Hastings Frank Badalamenti - Managing Director, Forensic Technology Solutions Dhaval Sheth - Director, PwC Forensic Services
Moderators:Sandra Maria T. Parrado - Partner, PwC Forensic Services Doug Koff - Partner, Litigation Department, Paul Hastings
Register early at the