PwC Forensic Academy

The journey towards effective Financial Crime Risk Management

Join the immersive experience!

47%

of 5,000+ surveyed respondents experienced fraud in the past 24 months

2020 PwC’s Global Economic Crime and Fraud Survey:
US$42bn

losses for surveyed organisations

2020 PwC’s Global Economic Crime and Fraud Survey:

PwC's Forensic Academy assists you in developing an effective and integrated Financial Crime Risk Management culture

Designed for risk and compliance professionals, the sessions will allow participants to understand the latest developments on financial crime as well as engage with peers and industry experts. The objective is to help businesses and their compliance functions build the vision, strategies, capabilities and reporting processes to become more resilient, specially in the midst of the FATF recommendations.

Who should attend?

MLROs and Compliance Officers;
OMCs;
CIS Licensed Firms;
Insurance Companies.

Update: Programme suspended

Given the current sanitary measures recommended by local authorities, we've suspended the programme until further notice. Consult our FAQ for more information.

The AML lifecycle
Embedding tech in Financial Crime Risk Management
Sanctions management
Introduction to effective Financial Crime Risk Management
Risk-based approach and control framework

The AML lifecycle

Effective money laundering risk management requires organisations to have a thorough knowledge of the clients they deal with, hence the importance attached in establishing rigorous KYC procedures.

This session will cover the different steps along a client AML lifecycle. Participants will go through the KYC and due diligence obligations when onboarding and maintaining clients, including continuous monitoring as required by law in Mauritius.

Participants will also get knowledge on the study of typical client behaviours and on how to recognise money laundering red flags.

The activities will be extended to enable participants to professionally manage stakeholders for effective financial crime risk management.

Embedding tech in Financial Crime Risk Management

Technology has become an important tool in the fight against financial crime.

This session will reveal innovative solutions and emerging technology trends in onboarding, transaction monitoring and due diligence matters to manage financial crime in a more efficient manner.

Sanctions management

Sanction is a strong element in the global fight against financial crime. The United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019 has been enacted in Mauritius to implement targeted sanctions, including financial sanctions, arms embargo and travel ban, and other measures imposed by the United Nations Security Council under Chapter VII of the Charter of the United Nations.

This course will cover key areas of sanctions controls in light of the new legislation including sanctions screening, sanction alerts management and sanctions evasion typologies.

Introduction to effective Financial Crime Risk Management

Adopting an effective financial crime risk management strategy has become increasingly significant to protect organisations from existing risks and at the same time to comply with the ever-changing regulatory landscape in Mauritius and beyond.

This course has been designed to provide the fundamentals of effective financial risk management and to cover the critical risk and control issues that regulators deem important for an effective and integrated financial crime compliance environment.

Risk-based approach and control framework

To ensure the implementation of adequate and effective internal controls that will help mitigating financial crime risks, it is mandatory for organisations to ensure the implementation of the risk-based approach methodology.

In this session, you will learn how to use such an approach to redefine and refocus your internal control framework. We shall cover in detail the emergence of risk assessment and management, its link with corporate governance, and how to establish relevant controls to financial crime risk management processes.

Highly interactive sessions with activities and real case scenarios

Design your Forensic Academy journey by selecting which courses you want to attend

Knowledge sharing with experienced facilitators through interactive group work activities

Our facilitators

A collaborative team with years of onfield experience, consisting of professionals from PwC Mauritius Forensics team. They will be assisted by PwC Legal, a Mauritius law firm which is part of the PwC network of firms, but operates independently from all firms in the network..

Rajeev Basgeet, Partner

Rajeev has been with PwC for 19 years, providing advisory services to leading financial institutions and taking appointments from regulators.

Patrick Matu, Associate Director

Patrick has 14 years of experience in risk and compliance management both in consulting and working in the banking industry.

Razi Daureeawo, Partner PwC Legal

Razi Daureeawo is a barrister-at-law of Mauritius and a non-practising solicitor of England and Wales with over 15 years professional experience.

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Workshop Details

Venue

Online

Contact

For more details, please speak to:

Ms. Doshala Luchmunparsad E: doshala.luchmunparsad@pwc.com or T: 404 5222

Ms. Bhavna Mungree
E: bhavna.mungree@pwc.com or T: 404 5256

Contact us

Rajeev Basgeet, ACA

Partner Business Recovery Services & Forensics, PwC Mauritius

Tel: +230 404 5148

Patrick Matu

Associate Director | Forensics, PwC Mauritius

Tel: +230 404 5048

Razi Daureeawo

Mauritius Legal Leader, PwC Mauritius

Tel: +230 404 5009

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