The Crimes Legislation Amendment (Combatting Foreign Bribery) Bill 2023, a new legal framework, is poised to reinforce the fight against foreign bribery
On 12 September, for the first time since 2017, new Global Estimates of Modern Slavery will be announced.
The financial services industry has undergone major reform over the past decade. From the introduction of the Corporations Act 2001 to the establishment of the Financial Services Regime (FS) and the launch of the Future of Financial Advice (FOFA), financial services providers face a complex set of compliance requirements. This course explains those requirements in plain, engaging English.
Financial services cover a wide range of activities, including banking, superannuation, insurance, managed investments, options, derivatives, securities, broking, futures and other financial investments.The Salt Compliance Financial Services course will help you understand the underlying laws that relate to financial services compliance across all industries.
Additional modules can be developed for specific financial services products, such as managed investments, derivatives, banking and insurance. However, this foundational course applies to all financial services businesses.
This training is designed for staff at any level within a financial services organisation that could be exposed to a risk of breaching the current laws.
In 2024, businesses and financial institutions are expected to embrace ESG criteria not just for compliance or risk management, but as a chance to fundamentally transform their business models to become more sustainable and increasingly more transparent
It may surprise you to learn that fraud in Australia is higher than the international average, arising in more than half of organisations. This costs the economy billions of dollars and organisations an average of $3 million. In addition, fraud can cause a loss of reputation and eventual loss of business profitability.
The most powerful anti-fraud weapon are educated and aware employees. The Salt Fraud course educates employees as to the types of behaviour that constitutes fraud, and provides a comprehensive list of fraud indicators to foster internal monitoring.
Building a culture of awareness and responsibility can reduce the risk of fraud and increase detection rates, thereby reducing the monetary and other costs of fraud.
The Salt Fraud course is tailored such that it is relevant to a diverse range of employees. This is because any person within an organisation is capable of committing fraud. This course is hence a valuable and appropriate tool for staff at all levels within an organisation, ranging from front-line staff to management.
Join our friends at Whispli for this webinar on Wednesday, July 22nd, 12.30PM AEST
Lean how easy it is to Build-Deploy-Edit-Report with Salt Adaptive in this webinar on Tuesday 28th July at 1pm AEST
This training is about identifying and preventing customer and workplace fraud
Annual fraud losses in the Australian financial sector are currently running at well over half a billion dollars. In the Financial Services Industry we typically think of fraud involving customer accounts and loans. But just like any other industry, financial services businesses are also subject to other sorts of fraud, many of which are also covered in this training.
Defending a business against fraud requires staff to be educated on fraud typologies and modalities.
Experience shows that internal fraud (payroll fraud and expense account fraud, accounts payable fraud etc) is more likely to be identified by staff member tip-offs than by auditors or internal procedures.
To defend against external fraud (customer fraud, supplier fraud, loan fraud, ID takeover fraud etc) financial services businesses have sophisticated fraud detection software in operation, but this still needs to be backed up by staff who can spot anomalies before the fraud takes place and who play a role in educating customers on their role in combating fraud.
This course teaches staff
Fraud detection software needs to be backed up by staff who can spot anomalies before the fraud takes place and who play a role in educating customers on their role in combating fraud.
This training is especially suitable for financial services customer-facing staff and staff who work in other fraud risk areas, such as: accounting, operations, sales, executive/upper management, and purchasing
– Defining fraud
– Types of fraud
– The risk of fraud to your organisation
– Who commits fraud
– Consequences of committing fraud
– Red flags of internal fraud
– Accounts payable frauds
– Sales and inventory frauds
– Payroll and expense account frauds
– The dangers external fraud poses to a financial services business
– Identifying and responding to the various types of loan fraud
– The typologies of online payments fraud
– Cheque fraud, card fraud, and fraud issues related to the New Payments Platform
– Non-banking types of external fraud
– Defining identity fraud
– Common identity theft techniques
– Minimise the risk of your identity being stolen
– How to protect customers from identity fraud
– What to do if identity fraud occurs
– Elements of a fraud risk management framework
– Ways to build fraud awareness
– Fraud prevention methods
– Elements of a fraud detection and reporting program
– Elements of a fraud response system
Training for staff on GDPR personal data protection and GDPR compliance to avoid GDPR fines
The standard of privacy and security of personal information has never been higher. Meeting your General Data Protection Regulation (GDPR) obligations isn’t just a matter of GDPR compliance, it’s a matter of consumer confidence.
The General Data Protection Regulation (GDPR) harmonises privacy law and data processing practice across the EU. But it doesn’t just apply to EU businesses – if you do any business in the EU or collect or use personal information of any individuals located in the EU, you need to comply with the GDPR or you’ll face heavy penalties. Staff at all levels need to understand the importance of privacy policy and the penalties for breaching GDPR.
This training is suitable for staff at any level of your organisation, especially those who collect or handle personal information, or as a refresher for Data Protection Officers.
Privacy – Covering the Privacy Act and the Australian Privacy Principles
Privacy for Schools – Covering the Privacy Act and the Australian Privacy Principles as they apply to schools
Health Privacy – Health businesses collect and maintain sensitive personal information
Financial Services Privacy Training – covering the Privacy Act and the Australian Privacy Principles
Credit Reporting – covering the Credit Reporting Act
Health Privacy
Privacy – New Zealand – covering privacy in New Zealand under the 2020 updates to the law
Data Protection Singapore – covering the Personal Data Protection Act 2012 and also the implications of the GDPR
Data Protection Malaysia – covering the Personal Data Protection Act 2010 and also the implications of the GDPR
California Consumer Privacy Act
What rights do individuals have in relation to their personal data
Established in 2016, the RegTech Association is a collaboration of members, focused on developing best practice for the compliance sector.
