The Institute is holding a breakfast briefing on Wednesday 6 December 2017 on "Financial Crime - Prevention at a time of economic growth" with Tim Roulston
Financial Crime - Prevention at a time of economic growth
|Date||Wednesday, 6 December 2017||
|Time|| 7.30am – 8am - Registration, tea/coffee and networking
8am – 9am - Presentation
|Presenter||Tim Roulston, lecturer on the Professional Certificate in Financial Crime Prevention|
|CPD hours||This breakfast briefing is accredited for 1 CPD hour for LCOI, FCOI (Compliance) and CFCPP|
|Fees||The event is free of charge and open to all members and non-members of the Institute.|
|Location||The Institute of Banking, IFSC, 1 North Wall Quay, Dublin 1. See map here|
About the event
Ireland has travelled from boom to bust in the last decade and businesses have had to deal with many crises, financial crime being just one. Now that Ireland is recovering and many companies are focused on growth and new opportunities, what does that mean for Compliance and Fraud Prevention teams? This briefing will consider what we can learn from some recent examples of reported and unreported financial crime, and will discuss the importance of maintaining a strong focus on financial crime prevention during this time of recovery and growth.
About the speaker
Tim is the lecturer for the Professional Certificate in Financial Crime Prevention. He has nearly twenty years’ experience as a Forensic Accountant and has led many investigations of financial crime, including misappropriation of assets and funds, misappropriation of intellectual property and misstatement of financial records. Tim has led investigations on behalf of regulators, Irish businesses, multinationals and individuals, and has given evidence in professional disciplinary hearings, the High Court, the Circuit Criminal Court and Arbitration hearings.
Tim also develops and presents training courses in relation to various aspects of Forensic Investigations, Forensic Accounting and Financial Crime Prevention for Regulators, Government agencies and private business. On behalf of Chartered Accountants Ireland, he developed and presents the Diploma in Forensic Accounting and Certificate in Forensic Investigations.
Tim has also acted as expert witness and has given evidence, including assessing the quantum of profits lost and damages suffered from alleged breaches of contracts, agency agreements and shareholder agreements.
About the programme
This event will give attendees the opportunity to sample a typical lecture on the Professional Certificate in Financial Crime Prevention. This single-module postgraduate programme has been designed in consultation with the Garda Bureau of Fraud Investigation and the Suspicious Transactions Unit in the Office of the Revenue Commissioners. It is offered to ACOI members by The Institute of Banking.
The role of the Head of Compliance with responsibility for Anti-Money Laundering and Counter Terrorist Financing legislation, often the Money Laundering Reporting Officer (MLRO) in a regulated firm, is now a Pre-Approval Control Function under the Central Bank Fitness and Probity regime. MLROs within firms carry serious legal responsibilities and those who fill the roles must know and understand what these responsibilities are.
Relevant law and standards apply both at a domestic and international level and material breaches can result in personal accountability for MLROs as well as significant reputational damage and fines for financial services firms. The wider damage caused by financial or white collar crime to individuals, communities and the public at large is immeasurable. Effective prevention of fraud and financial crime, combined with thorough investigation if and when it does arise, yields very positive outcomes.
The Professional Certificate in Financial Crime Prevention has been carefully designed to equip MLROs and others who specialise in this area with the necessary competence to fill this role and is the only accredited qualification at this level.
Those who successfully complete the programme and commit to completing CPD hours will be entitled to use the designation CFCPP – Certified Financial Crime Prevention Practitioner.
Applications are now being accepted for the certificate, which will begin in February 2018. Summit Finuas Network funding is available for a limited number of places, reducing the programme fee from €1,450 to €1,000.
Further information and online application is available here.
This breakfast briefing is accredited for 1 CPD hour for LCOI, FCOI (Compliance) and CFCPP.
This event is free of charge for IoB members and non-members but you need to register in order to attend.
Click here to register.
If you are not a member or you have forgotten your login details, please contact our customer services team on (01) 611 6500 to register your place.