25-26 August The Taj Palace Hotel New Delhi

Focusing on business expansion organizations tend to ignore glaring red flags as a one off, the duplicity multiples and blows a huge hole in the companys reputation and bottom-line when its true nature is discovered. The fact that powerful people could be jailed and denied bail is a paradigm shift in Indian consciousness. Working environment, process and strategy while dealing with suspected or confirmed incident cases of fraud need to evolve and keep pace with increasing sophisticated methods and modus operandi of modern day fraudsters. With cases of fraud some topping the media headlines, it makes more sense to be ready with a plan a strategy which can swing into action immediately without resorting to a knee jerk reaction, being prepared for any far reaching eventualities. Critical reaction timing and hence pre planning are decisive in fraud investigation. How do we bring about a sea change in thinking process, awareness and sensitization of fraud risk management and the investigation process? This comprehensive and experiential sharing forum with experts in fraud investigation and control will converse on:-

Best practices in fraud investigation framework What are the key elements involved in Internal and external communication strategy during a fraud investigation to safeguard reputation without compromising the process Structuring a fraud response and investigative team with skill sets that enable efficient and timely conduct of investigations How to minimize damage while conducting internal investigation Collecting evidence which can stand scrutiny in a court of law Structuring relationships with external investigators

Glimpses of Fraud Investigation and Control Summit - Mumbai Edition Series Partner Silver Partner Supporting Partner

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More Details: marcom.knowedgeforums@itp.com Call: 91- 22- 3065 3243 l 91-9820434897 l

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Conference Day One: Thursday 25th August 2011

08.30 09.15 09.30

Registration and continental breakfast Opening remarks KEY NOTE PANEL: Redefining the thought environment for managing fraud risk, fraud control and fraud investigation practices Thought shifts from fraud cannot happen to us to a more proactive approach to fraud is redefining approaches from management and board, especially since that influential and top executives could be jailed and denied bail is a paradigm shift in our system This discussion deals with how organizations can better prepare for fraud risk management and investigations

14.00

Interactive Discussion: Best practices in setting up and managing a fraud investigation and forensic team Introspection: Defining the fraud investigation and control function in business environment Overcoming challenges for an investigation function Key direction for running responsible investigations Minimizing damage while carrying out investigations Investigation and control team management

Establishing link between tone at the top and fraud risk management Why not to look the other way when company benefits from employee fraud or mis-conduct? Implications for board members and top management How can management and board members be prepared for an internal and external fraud investigation? Defining fraud Investigation framework that will work for your organization Role and response of board in respect to allegations of fraud or corruption by senior management Tracking and case management systems for fraud allegations
Integrating Fraud, Audit, Risk Management & Assurance to provide better service to management. Session Speakers Sunil Kumar Kohli , JS&FA, NDMA, Ministry of Home Affairs, New Delhi Anil Kumar, Executive Director, DB Corp Ltd Ajay Kumar Dhir, Executive Director and Group CIO Lanco Infratech Limited 11.00 11.30 Networking and refreshment break Whistleblower Policies: key steps in moving them from paper to ones which help in fraud control and understanding why people do not report.

Developing in-house expertise and controls for fraud control and investigation Defining scope and responsibilities in a team led approach for conducting internal investigations and control Minimizing confusion in leading investigations and develop a streamlined process defining each members role and responsibility? How do you identify and fill critical skill gap? Overcoming common challenges in a team based investigative approach Effective Training of existing staff and sensitization of anti-fraud policies
Insights: Collaboration

Collaborative approaches in internal investigations Involving Internal audit, HR, Legal, IT, Corporate communication in a collaborative team for effective fraud investigations Key learnings and case studies from team based fraud investigations
Future Outlook: Evolving the Fraud investigation and control function Evolving the role of the investigation function within the organization Investigators performance management - why is it necessary? Future trends in FCU How do you strategize fraud control team as a business partner and revenue enabler? Case Analysis:

Experience sharing on team initialization and management Investigative and sensitization techniques Sector specific case analysis
Panel Members: Vaibhav Agashe, Head - Corporate Investigative Services, Alcatel-Lucent Gaurav Ajmani, Investigations Senior Manager, Financial Integrity Unit, Microsoft Corporation (India) Pvt. Ltd. Shishir Bhattatiripad , Regional Head Fraud & Risk Standard Chartered Bank Sanjay Sharma, Regional Head Fraud Risk - GR HSBC Technology and Services Service Delivery Pravendra Shah, Zonal Head (North) -Risk Containment Unit, ICICI Bank* 16.00 16.30 Networking and refreshment break Electronic Payment Channels Fraud Risk Challenges and control measures Growth of Electronic Payment Channels. Overview of the risks associated with various payment channels Domestic Experience Global Experience Fraud Risk Management Strategies & Controls

Anonymous Reporting: Should it be permitted or not? Ethics Helpline: Advantages of a neutral platform How should reports received be processed? Case study: Experiences from Reports received in an Ethics helpline

M Damodaran, Chairman, Advisory Board, CWI Former SEBI Chairman 12.15 Fraud Investigation Framework Speed is of essence while when a potential fraud is suspected or discovered. This discussion offer a collective insight into constituents of a good fraud investigation framework Fraud Risk Assessment and its role in developing your investigation framework Defining strategic objectives of your investigation Fraud response plan or fraud investigation plan? Conducting the investigation Critical reaction time - 24-48 hours which make a difference in your investigation Defining the moment when you start involving law enforcement What constitutes a 'successful' investigation framework? Case Analysis: Investigation Frameworks across industry sectors Gaganpreet S Puri, Executive Director, KPMG Forensic Services 13.00 Networking Lunch 17.15

Ramesh Krishnamoorthy, Head Risk Control Unit Prizm Payment Services Pvt. Ltd. Summation of learnings of day one

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Conference Day Two: Friday 26th 2011 14.00 Experiential Session Maximizing results from employee interviews optimizing fraud based interviewing skills

08.30 09.30 09.45

Registration and continental breakfast Opening remarks Investigation of corruption schemes, bribes and kickbacks Tools for investigating bribery and kickbacks? Understanding specific challenges and formulating a proactive strategy for controlling bribes, corruption schemes and kickbacks Conflict of interests Foreign Corrupt Practices Act (FCPA) How do you overcome key challenges while conducting investigation indicating involvement of senior management? How do you gain support from your superiors while investigating corruption schemes, bribes and kickbacks? Investigating Illegal payments channels and sources of illegitimate payments? Understanding the legal framework which supports your investigations? Case Analysis: Experience sharing on examples of investigations carried out on corruption schemes, bribes and kickbacks Anupama Jha, Executive Director Transparency International India

Applying proper interviewing procedures and methodologies Identifying key interviewing skills and applying them Key learnings and best practices for interview preparation, execution and follow-up
Speaker to be advised 15.00 Internal and external communication during fraud investigations for managing your reputation Communications plays a vital role in a fraud Investigation and sounding seemingly simple is critical and complicated as the needs is to calm down tensions arising from unseen consequences of fraud. It makes sense to have a ready communication plan in place, with responsibilities worked out rather than searching for answers and communication strategy when your company is under a scanner especially if under media scanner! This session explores and discusses best practices in communicating to board, stakeholders and media without compromising your investigations Amit Chaudhery, Associate Executive Director & Head-Group Corporate Communications, Dalmia Bharat Enterprises 15.30 Best practices while engaging external investigators

10.45 11.15

Networking and refreshment break Experiential Session: Investigating and evidence collection from documents Establishing the nature of documents i.e. genuine or counterfeit, forged or fraudulent are an important part of the investigative plan and evidence collection

Red flags for non genuine documents Checklist to establish genuine or forged documents Non genuine document which stand out speeding the search for the needle in the haystack When does it make sense to call a document expert? When is the time you do not need one Detecting fraudulent document in high transaction , large customer base and vendor dependent business environment
Anurag Parashar, Head of Forensic, Samsung India Electronics Ltd.* 12.00 Experiential Session: Profiling a fraudster Who can be considered to be a typical fraudster? Where is the impulse to commit fraud? Job Functionality and specialization of a typical fraudster Work environment red flags Behavioral red flags displayed by fraudsters Discussion: Evolving nature and of the human element of the fraudster Duplicity Evaluating the proactive process for identifying fraudsters? Suveer Khanna, Associate Director, KPMG Forensic Services 13.00 Networking Lunch

16.00 16.30

Assessing engagement with external investigators When and whom to engage as external investigators? How do you budget and control cost? Evaluation RoI for external investigators Fees negotiations and billing practices Importance and structure of engagement letters

Networking and refreshment break Legal Issues for Fraud Investigations To investigate or audit for fraud, it is critical for investigator to have holistic view an all legal elements of fraud including, intent, direct and indirect proof, and the legal rights of the accused and accuser. Evidence that stands scrutiny in a court of law What constitutes legal evidence? Evidence collection techniques during fraud investigations what are common mistakes to avoid which can compromise your end result? Legally acceptable evidence presentation Development of exhibits for use in courts Testifying in courts Discussion: Assessing Legal options When and why should you go ahead with legal proceeding? Fiduciary obligations and responsibility to pursue legal action for recovery of assets Are organizations liable for actions by third party in case of non pursuit of legal options? Legal options during cases of cross border frauds? Assessing what is your real RoI on pursuing legal actions based on evidence at hand, legal counsel fees and time spent in court? What are the options available? Case Analysis: Examples of legal judgments in fraud cases Neeraj Aarora, Cyber Lawyer Senior Representative, ELP*

Feedback for the Mumbai Edition (June)

17.30

End of conference

* Speaker to be confirmed
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