The Silent Side of Trade Finance
Trade finance is critical to the international economy. It is key that the process runs efficiently and is protected from the machinations fraudsters and money launderers. The objective of this course is to enable participants to understand what trade fraud is, who are the fraudsters, their motivation, and preventive measures to mitigate risks in frauds in relation to international trade. Case-studies in relation to International Trade Fraud will be provided.
For anyone who works in the banking, audit and accounting sectors and also those in multi-national corporations who requires to understand trade fraud and take preventive measures to mitigate the risks.
At the end of the programme, participants will be able to:
Understand what trade fraud is;
Types of fraudsters and their motivation;
Preventive measures to mitigate risks in frauds in relation to international trade.
Types of commercial and international trade fraud
Who are they?
Characteristics and motivation
Victims of trade fraud
Financial fraud in relation to financial instrument
Standby Letters Of Credit and Banker’s Guarantee
Bills of Exchange
Could it be avoided
Measures to reduce the risk of international trade fraud
International trade fraud vs Digital Age
A combination of short lectures, and case study.
Date : 23 August 2016
11 October 2016
Time : 9 am to 5 pm
Course Fees : S$599.00 (no GST)
Course Duration : 1 day
10% Early Bird Discount or 20% Group Discount
Productivity & Innovation Credit (PIC) claimable