Event Profile | |
Class/ Online | Classroom |
Date | July 23, 2018 |
Time | 9:00am to 5:00pm |
Venue | Mandarin Orchard Singapore 333 Orchard Road Singapore 238867 |
Fee | 7% GST will apply SGD 500.003 & above: SGD480.00 each For Member SGD 475 3 & above: SGD456 each |
Note | Two tea breaks and buffet lunch will be served. Limited complimentary car parking coupons are available upon request. |
Trainer | |
Activity |
58% of the corporate fraud in Singapore were committed by staff, according to a research performed by KPMG-SMU Singapore Fraud Survey in 2014. The recent Singapore Land Authority (SLA) and Worker’s Party lawsuits further highlighted the importance of corporate safeguards to protect companies against fraudulent acts committed by staffs and suppliers. This 1 day seminar looks at the relevant laws governing fraudulent offences in Singapore and possible ways of remedies. Specific discussions will focus on the common types of company frauds and fraudulent acts committed by staffs, insiders and company suppliers. We also discuss the relevant safeguards to protect companies’ interests.
Objective
After attending this seminar, business owners and company managers will have a comprehensive understanding of the legal processes involved in fraudulent proceedings and be able to better design internal work processes and financial governance policies to safeguard themselves and company against fraudulent acts committed by staffs and suppliers.
Outline
- Common types of fraud - misuse of cheques, fake invoices, corruption, misuse of company funds etc
- Relevant criminal laws - cheating, forgery, criminal breach of trust, theft, receiving stolen property, bribery, money-laundering
- Criminal procedures - investigation, arrest, court trials, sentencing
- Civil Remedies - lawsuits against offenders, use of constructive trusts against recipients of stolen property, lawsuits against banks, claims against accomplices and recipients of funds, claims against those assisting in offences
- Legal safeguards - employment contracts, insurance, fraud policies, publicity, preserving evidence, forensic accounting
- Sharing of related case studies
- This is a practical course looking at the law and likely areas of recourse for companies when frauds are committed by insiders and suppliers.
Who should attend
Professionals, Managers and Executives (PMEs). Non-lawyers. Business Owners and Company Directors. Financial Managers and accounting staffs handling company purchases are also welcomed to attend. Line managers with responsibility in buying or approving purchasing of goods & services and/ or dealing with vendors and suppliers are also strongly encouraged to attend.
Methodology
Interactive session in seminar style, with case studies for discussion.
Terence Tan's Profile
Terence Tan, LLB (Hons) (NUS), LLM (Lond.), ACCA (Grad), Advocate and Solicitor, is a specialist legal trainer and consultant. He taught at the Faculty of Law, National University of Singapore for many years (and taught subjects like Company Law, Computer Law, Law of Trusts and Insolvency) and are still teaching courses there regularly, e.g. as part of the Graduate Certificate in International Arbitration course.
Beside teaching classes for various Australian University programs in Singapore, Terence also conducted many seminars for multinational corporations and statutory boards including Singapore Technologies, Yokogawa Engineering, MediaCorp etc. He is concurrently a lead trainer for the Institute of Singapore Chartered Accountants (ISCA) on topics like Insolvency Law, Judicial Management, Corruption, Protection of Company Trade Secrets and Consumer and Investment Frauds.
Recently, Terence has been conducting trainings on real estate law for real estate agencies like ERA Singapore, REDAS, C & H Properties, RCN, HSR and Orange Tee Properties. As an approved CEA trainer, Terence is also a regular trainer for the Real Estate Salesperson (RES) and Real Estate Agency (REA) examination preparatory courses.
He was named in Parliament in 1995 by the then Minister of Law for his comments on a loophole in the proposed Bankruptcy Act.
His comments on bankruptcy legislation were expressly discussed by the High Court and the Court of Appeal. When Terence was in legal practice for a few years, he fought cases in the Supreme Court and the Subordinate Courts.
Beside teaching classes for various Australian University programs in Singapore, Terence also conducted many seminars for multinational corporations and statutory boards including Singapore Technologies, Yokogawa Engineering, MediaCorp etc. He is concurrently a lead trainer for the Institute of Singapore Chartered Accountants (ISCA) on topics like Insolvency Law, Judicial Management, Corruption, Protection of Company Trade Secrets and Consumer and Investment Frauds.
Recently, Terence has been conducting trainings on real estate law for real estate agencies like ERA Singapore, REDAS, C & H Properties, RCN, HSR and Orange Tee Properties. As an approved CEA trainer, Terence is also a regular trainer for the Real Estate Salesperson (RES) and Real Estate Agency (REA) examination preparatory courses.
He was named in Parliament in 1995 by the then Minister of Law for his comments on a loophole in the proposed Bankruptcy Act.
His comments on bankruptcy legislation were expressly discussed by the High Court and the Court of Appeal. When Terence was in legal practice for a few years, he fought cases in the Supreme Court and the Subordinate Courts.