Quotes: 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
 May 3 2015 - Pleasant weather forecast over next three daysJordan News Agency
(MENAFN - Jordan News Agency) The weather on Sunday is expected to be pleasant in the hilly areas and moderate in other parts of the Kingdom with northwesterly moderate winds.According to the Jordan ...

 May 3 2015 - Israeli forces destroy hundreds of acres in NablusJordan News Agency
(MENAFN - Jordan News Agency) Israeli forces destroyed hundreds of acres of cultivated lands on Sunday in the Khirbet Al-Tawil area east of Nablus in the West Bank.Member of the Popular Committee ...

 May 3 2015 - WHO pushes the health diplomacy agenda forward in a fourth high level seminar in CairoJordan News Agency
(MENAFN - Jordan News Agency) The World Health Organization Regional Office for the Eastern Mediterranean Saturday started the fourth seminar on health diplomacy in Cairo, Egypt.The seminar is ...

 May 3 2015 - Israeli occupation forces hold military maneuvers in West BankJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation forces on Sunday started large military training and maneuvers in the northern West Bank.Israeli Radio said that these maneuvers which will last until ...

 May 3 2015 - 650 trucks with goods, construction materials enter GazaJordan News Agency
(MENAFN - Jordan News Agency) Some 650 trucks loaded with commercial goods and construction materials entered the Gaza Strip on Sunday as the Israeli occupation authorities reopened the Karam Abu ...

 May 3 2015 - Muscat Municipality delegation concludes visitJordan News Agency
(MENAFN - Jordan News Agency) A delegation from Muscat Municipality concluded a visit to the Amman Greater Municipality (GAM), during which representatives discussed how they might cooperate and ...

 May 3 2015 - Officials call on Jordanian and Kazakh private sectors to increase cooperationJordan News Agency
(MENAFN - Jordan News Agency) Jordanian and Kazakh officials have called upon the private sectors in both countries to take advantage of investment opportunities, especially after political ...

 May 3 2015 - Results of poll of Ensour's government to be announced tomorrowJordan News Agency
(MENAFN - Jordan News Agency) The University of Jordan's Center for Strategic Studies will hold a press conference on Monday to announce the results of a poll regarding Prime Minister Abdullah ...

 May 3 2015 - Jordan adopts special strategy to counter terrorism, says interior ministerJordan News Agency
(MENAFN - Jordan News Agency) Interior Minister Hussein Majali said Jordan is making every effort to counter terrorism and extremism through developing a strategy involving civil society ...

 May 3 2015 - Iraq voices concern over US Congress billJordan News Agency
(MENAFN - Jordan News Agency) Iraqi Prime Minister Haider Al-Abadi received a telephone call from United States Vice President Joe Biden, in which al-Abadi discussed his concerns over a bill before ...

more...


 






Google

Internatinal Property Show

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help