SC5 Trade Finance Fraud And Risk Awareness
Risks in cross border trade are ever present and both banks and their trade customers need to be aware of such risks and mitigation. The growing sophistication of fraud activities calls for greater vigilance as well as sound knowledge and skills for risk recognition and detection. Only when this is appreciated that risk mitigation can be applied where appropriate to prevent or minimize such risks.
This programme seeks to highlight and educate both the commercial business manager and banking executive of such risks in international trade settlements, and an understanding of risk mitigation available.