International Trade Finance 2014 Training Programmes 9 Combating Commercial & International Trade Fraud MONTH Date/Duration: 14 Aug 2014 (1 day) Venue: Kuala Lumpur SYNOPSIS OF THE PROGRAMME The programme explains the types of commercial and international trade fraud with case studies. It will explore the characteristics of fraud for participants to apply such knowledge in their work. Prerequisite: Minimum 3 years’ working experience in trade finance Register via IBBM Online by: 31 Jul 2014 The programme also provides relevant case studies on synthetic LC or structured trade finance. Participants will walk away with the knowledge in preventing and mitigating of risk in trade finance fraud. LEARNING LEVEL Advanced TARGET AUDIENCE Officers and Managers of Trade Finance Operations; Relationship Managers; Internal Auditors and Compliance Officers. LEARNING OUTCOMES Upon completion of the programme, participants will be able to mitigate the risk of trade finance fraud. PROGRAMME OUTLINE • Types of Commercial and International Trade Fraud > Documentary Fraud > Financial Instrument Fraud > Case Study • Characteristics of Fraud > Red Flags • Synthetic LC or Structured Trade Finance > Case Study • Prevention and Mitigation TRAINING METHODOLOGIES LEARNING PARTNER’S PROFILE Workshop Dr Soh Chee Seng is a technical consultant on trade finance issues for the Association of Banks in Singapore. He has more than 25 years of experience in trade finance operations with local and foreign banks in Singapore and Malaysia. He was the VP and Head of International Trade Services in Overseas Union Bank, Singapore until 2001. He served as a member of the UCP600 Drafting Group commissioned by the ICC Banking Commission to revise UCP500 and also member of the task 10 force and drafting group of the international standards banking practice for the examination of documents under documentary credits. He is also external Trade Finance Advisor to Deutsche Bank AG Asia Pacific and Associate Director of the Institute of International Banking Law and Practice, Inc., USA. He is also Singapore representative to the ICC Banking Commission. He is also member of the Editorial Board of Documentary Credits World (DCW), a publication of the Institute of International Banking Law and Practice, Inc. and BAFT-IFSA, in USA. He has written a number of articles relating to trade finance and documentary credits in DCW and DCInsight, a publication of ICC Banking Commission. He has also been invited by a number of financial institutions, ICC National Committees and bankers associations in Europe, North America and Asia as well as the Supreme People’s Court of China to conduct a series of workshops and seminars on international trade finance, frauds and risks in Trade Finance, International Standard Banking Practice, the Rules and Regulations of Commercial Letters of Credit, Independent Guarantees, Standby Letters of Credit and Incoterms for their members and judges. He also served as expert witness in numerous court cases relating to documentary letter of credit, standby letter of credit and documentary collection in Singapore, Malaysia, China, Hong Kong and South Korea. He received his Bachelor of Commerce degree with first class honours major in Economics from Nanyang University, Singapore, in 1973 and his PhD in Law from the China University of Political Science and Law, Beijing, in 2011. His dissertation was “Negotiation under the Law of Letters of Credit”. FEE STF Member IBBM Member Non-Member RM1,150 RM1,400 RM1,700 Be IBBM Trained Institute of Bankers Malaysia (Institut Bank-Bank Malaysia or IBBM) upholds the standards of excellence for the financial services sector to empower its workforce through systematic transfer of knowledge and skills. IBBM offers Continuing Professional Development (CPD) training programmes based on the training needs of the industry and are in line with the Banking and Finance Industry Competency Framework. IBBM designs, develops and delivers training programmes both in-house and through collaboration with training partners locally and abroad, to equip participants with skills, in-depth knowledge and competencies needed for career advancement in an evolving environment. Be IBBM trained to be on the right path towards your career goals. www.ibbm.org.my www.facebook.com/IBBMalaysia IBBMalaysia Institute of Bankers Malaysia Wisma IBI, 5 Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur, Malaysia. T (603) 2095 8922 F (603) 2095 2322 E [email protected]