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
 Nov 29 2014 - Qatar's Airport City's project awards possible in 2 yearsMENAFN
(MENAFN) Official said that tenders to award contracts for the construction of Qatar's ambitious Airport City project will not be possible before the 2016-end, The Peninsula Qatar reported.Chairman ...

 Nov 29 2014 - Emirates to fly A380 to 3 European, US routesMENAFN
(MENAFN) Emirates Airlines announced that it is placing the Airbus A380 onto three of its routes into the US and Europe as of next week, Gulf News reported.Emirates' existing daily Dubai to San ...

 Nov 29 2014 - Abu Dhabi Airport handles 1.68m passengers in OctoberMENAFN
(MENAFN) The number of passengers travelling through Abu Dhabi International Airport increased 17.4 percent to 1.68 million in October over a year earlier, Gulf News reported.The latest data released ...

 Nov 29 2014 - Lebanese 'giant of poetry' Said Aql dead at 102The Peninsula
(MENAFN - The Peninsula) Lebanese poet Said Aql, whose work was loved by Arab readers but who hated Arabism so much that he invented a latinised version of the Lebanese dialect, died yesterday aged ...

 Nov 29 2014 - Qatar- FIA Prize-giving ceremony to be held in new formatThe Peninsula
(MENAFN - The Peninsula) The prestigious annual FIA Prize-giving ceremony, which honours the achievements of all FIA champions over the past season, will be held here on December 5. This year's ...

 Nov 29 2014 - US- Eagles, Seahawks, Lions dominate on ThanksgivingThe Peninsula
(MENAFN - The Peninsula) Mark Sanchez threw for one touchdown and ran for another and the Philadelphia Eagles seized sole possession of first place with a 33-10 rout of the Dallas Cowboys on ...

 Nov 29 2014 - Tunisia- Anti-Israel protestThe Peninsula
(MENAFN - The Peninsula) Tunisian protesters burn Israeli flag during a rally to show their solidarity with Palestinians, in Tunis, yesterday. ...

 Nov 29 2014 - Bahrian- Show of solidarityThe Peninsula
(MENAFN - The Peninsula) Leading Shia clergyman Seyyed Mohammed AlGuraifi addressing crowds at an event expressing solidarity with Ayatollah Sheikh Isa Qassim (not pictured), Bahrain's top Shia ...

 Nov 29 2014 - Egypt crackdown adds to Gaza woesThe Peninsula
(MENAFN - The Peninsula) Already struggling under the weight of an Israeli blockade, Gazans are now feeling the effects of an Egyptian exclusion zone along their shared border that has sent prices ...

 Nov 29 2014 - Qatar- School celebrates Annual DayThe Peninsula
(MENAFN - The Peninsula) K C Abdul Latheef (left), President, Managing Committee, Shantiniketan Indian School, presents a memento to Dr Abdul Salam Ahmed, Managing Director, Media One, in the ...

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

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