Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Curtis Oman seminar highlights fraud risks  Join our daily free Newsletter

MENAFN - Muscat Daily - 17/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) Curtis Oman organised a seminar on 'Focus on Fraud' at the Grand Hyatt Muscat on Tuesday. 

The seminar provided an overview of Oman's regulatory landscape and its impact on businesses, with insights from Curtis' fraud lawyers, global risk consultancy Control Risks, and global professionals.

The event highlighted instances of fraud and bribery perpetrated in the region and the world. The speakers highlighted that businesses need to be vigilant about fraud, bribery and corruption, and strengthen their anti-fraud processes.

Curtis is an international law firm with its headquarters in New York and 16 offices worldwide. Curtis Oman has provided a full range of legal services to Omani entities and individuals, the Oman government and multinational clients for more than 17 years.

Jamie Kellick, counsel, Curtis Oman, gave a presentation on 'Combating fraud, bribery and corruption in the sultanate, the legal landscape and its implications.'

He said, ''Given what has happened in the last 12-18 months in the world in relation to fraud and corruption, people are taking notice of how is it going to affect them and their organisation's reputation. This is not just in relation to Oman and the Middle East, but corruption and bribery is a global phenomenon.''

''It is a very important subject and companies should think about what they have to do to combat fraud and bribery. This is important for every business and every individual working for the business,'' Kellick added.

The seminar, attended by representatives from the banking industry and other sectors, is the first in a series of planned breakfast seminars by Curtis Oman.

Paul Callaghan, partner, KPMG Oman, spoke about fraud and governance that included dealing with fraud and misconduct, types of fraud and fraud risk management framework.

He said, ''This is a global phenomenon. It is not local, not regional, but all around the world. Anti-fraud programmes are unique at every organisation as each organisation represents different challenges,  different business, risks and different approaches. For fraud risk management, you need to understand what are the risks your business faces.''

Nick Roberts, director - corporate investigations MENA at Control Risks, made a presentation on 'Responding to Fraud,' wherein he highlighted that the response to fraud is as important as its prevention


 


Muscat Daily




  MENA News Headlines
 Oct 24 2014 - Saudi- Rem Sibug leads winners in InterCon Monthly MedalArab News
(MENAFN - Arab News) Talented Filipino young golfer Christer Rem Sibug was back in winning mode after a vacation in his native Philippines when he claimed the centerpiece A-Division title last Friday ...

 Oct 24 2014 - Saudi- Lifebuoy bowlers strike double in Mobily CupArab News
(MENAFN - Arab News) Lifebuoy bowling team made an impressive start to the Thursday League 12th Conference for Mobily Cup winning a Team of the Week and Bowler of the Week double at the Bowling City ...

 Oct 24 2014 - Saudi- Alaska Aces trump Purefoods 93-73Arab News
(MENAFN - Arab News) MANILA: Everything was going well for debuting reigning Grand Slam champion Purefoods on Wednesday night until the Star Hotshots known last season as the San Mig Coffee Mixers ...

 Oct 24 2014 - Malaysia charges 3 with supporting ISArab News
(MENAFN - Arab News) KUALA LUMPUR: A Malaysian court on Thursday charged three men with supporting the Islamic State (IS) after they were arrested while attempting to leave the country to join the ...

 Oct 24 2014 - Corruption 'paralyzes' Ukraine: PoroshenkoArab News
(MENAFN - Arab News) ODESSA Ukraine: Corruption is 'paralysing' Ukraine's economy President Petro Poroshenko said Thursday on a pre-election visit to the country's most important sea port.Poroshenko ...

 Oct 24 2014 - New Swedish govt steps up spendingArab News
(MENAFN - Arab News) STOCKHOLM: Sweden's new left-wing government presented Thursday its 2015 budget with the Nordic country's largest deficit in nearly two decades as it seeks to boost employment ...

 Oct 24 2014 - Canadian PM vows tougher security laws after attackArab News
(MENAFN - Arab News) OTTAWA: Canadian Prime Minister Stephen Harper pledged more surveillance and detention powers for security forces in Canada on Thursday after a gunman killed a soldier and ...

 Oct 24 2014 - Unrest casts doubts on Nigeria's 'cease-fire' with Boko HaramArab News
(MENAFN - Arab News) KANO Nigeria: A deadly bombing in northern Nigeria and new details about kidnappings at the weekend blamed on Boko Haram cast further doubt Thursday on the government's claim ...

 Oct 24 2014 - Ebola still of 'great concern' in W. Africa epicenter: WHOArab News
(MENAFN - Arab News) GENEVA: Top experts on the Ebola virus raised grave concerns Thursday about the worsening epidemic in west Africa as the number of people with the disease neared 10000.The World ...

 Oct 24 2014 - Tunisian cop killed in clash with militantsArab News
(MENAFN - Arab News) OUED ELLIL Tunisia: A Tunisian policeman was killed and another wounded on Thursday when security forces clashed with militants on the outskirts of Tunis three days before ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help