Complimentary for ACFCS members, non-members $35
Presented by David Malamed, Partner – Forensics & Dispute Resolution, Grant Thornton LLP (Canada)
Mechanisms to encourage whistleblowers to report has become an essential feature of most compliance and ethics programs. Likewise, in the public sector many government agencies have implemented regulations or financial rewards for tipsters.
Despite their value and widespread adoption, whistleblower programs aren’t always well-understood or fully utilized by financial institutions and other organizations. Beyond identifying violations of law or company policy, whistleblower programs can also provide important feedback that highlights risks and identifies gaps in financial crime compliance programs.
In this session, an expert presenter explores what it takes to operate an effective whistleblower program, and perhaps most importantly, how to know if it’s performing as intended. Attendees will learn:
- The importance of awareness, accessibility, and anonymity;
- Issues with anonymous submissions and how to deal with them;
- Real life examples of investigations resulting from submissions; and
- Ethical issues for financial rewards.
About the Presenter
David has investigated and managed numerous fraud investigations involving both civil and criminal allegations. He also works with clients in creating customized databases that provide solutions for damage quantification, document management, litigation support and data analysis. David has qualified as an expert and provided testimony in Ontario Provincial Courts.
His professional experience includes:
- Hospitality investigations regarding shareholder disputes.
- Retail fraud investigations and damage quantification.
- Led the forensic investigation of a leading manufacturer of wireless systems regarding revenue recognition accounting policies.
- Conducted investigations using computer forensic retrieval and analysis techniques.
- Ongoing assistance to law enforcement agencies for use in court and expert witness reports.
- Conducted financial due diligence investigations and royalty reviews relating to contract agreements.
- Provided forensic accounting litigation
This session provides one CFCS credit.