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Conference Alert | ASSOCHAM National Conference on Financial Frauds – Risk & Prevention

Objectives of the Conference: The phenomenal economic growth the country witnessed in the recent times with increased reach and penetration requires fine tuning of legislative reforms on an ongoing basis, as to address the growing financial frauds as well as to accommodate growth. In the path to global integration and opening up of the economy, the architecture as well as reach of financial sector supervision needs to be strengthened to create a fire ball for minimizing financial frauds which of late seems to have become more prominent.  The recent chit fund fraud has touched the hornet™s nest. The overlaps and well as gaps in the financial sector have tempted the tricksters to outsmart the system. Many fraud cases involve complicated financial transactions conducted by ‘white collar criminals’ such as business professionals with specialized knowledge and criminal intent.

Distinguished Dignitaries:

  • Shri K. C. Chakrabarty, Deputy Governor, Reserve Bank of India
  • Shri M. J. Joseph, Additional Secretary, Ministry of Corporate Affairs

Invited Speakers List: 

  • Mr. Ranjit Sinha, Director, Central Bureau of Investigation (CBI)
  • Mr. Rana Kapoor, President, ASSOCHAM & MD & CEO, Yes Bank
  • Mr. Sunil Kanoria, Sr. Vice President, ASSOCHAM & Vice Chairman, SREI Infrastructure Finance Ltd.
  • Mr. Nilimesh Baruah, Director, Serious Fraud Investigation Office (SFIO), Ministry of Corporate Affairs
  • Mr. U. Jawaharlal, Editor, IRDA Journal
  • Mr. Sanjay Sood, Head of Internal Audit, Max Life Insurance
  • Ms. N. S. Nappinai, Advocate, Nappina & Co.
  • Mr. Tushar Chawla, Partner, ALMT Legal
  • Arpinder Singh, Partner and Leader-Fraud Investigation & Dispute Services, E & Y
  • Ankush Duggal, AVP-Risk & Security, Master Card Worldwide

….And many more Financial Institutions and Technology Expert

Key Areas of Discussion: 

  • Emerging Financial fraud risk – areas, legislation, policy and governance
  • Steps taken by regulators and new directives issued to counter the increasing risks
  • Fraud detection using forensic and other analytics
  • Financial Frauds: Role of investigating agencies and intelligence gathering
  • Financial Institution Fraud understanding the depth, volume and frequency
  • Security Issues in Card Payment System in India Are we on right track?
  • How technology can be used in facilitating the deterrence and detection of financial fraud?
  • How are BFSI companies doing proactive fraud risk management
  • Legal elements of financial frauds
  • Steps taken by regulators and new directives issued to counter the increasing risks
  • Fraud risk management in Insurance Sector developing a strategy for prevention detection and response: Best practices
  • Financial Frauds in Cyber Space – Expanded horizons & its consequences

In the light of this, there is a strong need to revisit, systems, procedures, legal structures, IT capabilities etc to frame a more robust set up as to deter the fraudsters to commit the financial mischief leading to financial loss. A broad discussion is called for, to plug the gaps and afford a setup to counter this growing menace.

Date & Location: Friday, 26th July, 2013 at Hotel Shangri La, New Delhi 

Participation Fees: The fee for the Seminar is Rs. 3,000/- per delegate. (25% discount for for Corporate Law Reporter Subscribers i.e. Rs. 2250/- only).

The enclosed Registration Form- Financial Fraud be filled and sent to us along with the participation fee at the earliest.

However, advance intimation may be conveyed through Fax or email to enable us to block the seats as the programme has limited Seats and will be available on First come First Served basis:

Tags: ASSOCHAMCentral Bureau of InvestigationCorporate Affairs MinistryFraudIndiaNew DelhiRana KapoorSunil Kanoria

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eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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