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Corporate Fraud Risk Management

Ankura

Enhancing Corporate Fraud Prevention: Guidance on the Failure to Prevent Fraud Offence

Ankura on

The final UK Government guidance on failure to prevent fraud has now been published Economic Crime and Corporate Transparency Act 2023: Guidance to organisations on the offence of failure to prevent fraud (accessible version)...more

The Volkov Law Group

The Mindset of Employee Fraudsters (Part III of III)

The Volkov Law Group on

Technology and computer analytics are important tools in the fight against fraud. But it is not the magic and exclusive bullet. Fraud is committed by humans and investing in the human element, while difficult to measure, is...more

The Volkov Law Group

Fraud Detection: New Technologies and Analytics (Part II of III)

The Volkov Law Group on

The battle against fraud is evolving and technology is providing new and important tools to detect and prevent fraud. Companies are using a variety of techniques and include: continuous monitoring; email monitoring; anomaly...more

The Volkov Law Group

COSO Framework: Fraud, Corruption and Compliance (Part I of II)

The Volkov Law Group on

Global companies need to actively work to prevent fraud and corruption. Fraud and corruption go hand-in-hand. To commit bribery, bad actors have to gain access to money for unauthorized (illegal) purposes. A failure to...more

Proskauer - The Capital Commitment

Veil Piercing/Alter Ego Determinations – How Fund Managers Can Protect Themselves

A veil piercing claim can be a worst-case scenario for a private fund manager dealing with a struggling portfolio company investment – the company fails, and ensuing legal claims are brought not only against the portfolio...more

K2 Integrity

Corporate Fraud: How to Detect It and Put a Stop to It

K2 Integrity on

Fraud costs companies trillions each year and the vast majority of those deceptions are detected purely by luck—only a very small percentage of frauds are found by auditors....more

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