Rhyme

A BCR Briefing, sponsored by 3i Infotech
Friday 10 July 2009.  09.30 to 13.30 followed by Networking Lunch.  Level  35, 25 Canada Square, Canary Wharf, London E14 5LQ

The global financial crisis has placed unprecedented stresses upon the international economy, and with a number of high profile businesses collapsing or needing rescuing, the chance of businesses failing in the downturn has risen exponentially. For many, a sense of desperation has set in, and businesses are resorting to methods that they would never normally consider simply to stay afloat. Against such a backdrop, fraud has become increasingly prevalent, with some businesses prepared to issue pre-delivery or fresh air invoices simply to outlast the downturn. Some frauds will be knee-jerk survival moves, others more malicious efforts to defraud, but what is clear is that the scale and spread of fraud means addressing the issue has become more pressing than ever. Factors need to equip themselves to deal with the threat, with expert insights and knowledge share central to their efforts to recognise and deal with the risk. The industry needs to approach the issue of fraud head on, and this seminar represents a unique opportunity to equip yourself and your company with the tools and knowledge to identify and deal with the growing threat.

Agenda

09.30   Registration and Coffee
10.00   Michael Bickers, BCR Publishing
Welcome and Introduction                      
10.15   Faisal Khan, Head of Banking and Insurance, 3i Infotech - Western Europe
On behalf of 3i Infotech, event sponsor, Faisal Khan will highlight the growing prevalence of fraud in the sector.
10.30   Chris Cannon, Manager Fraud & Compliance, HSBC Invoice Finance (UK)
Fraud levels - what can we expect over the next 24 months

• How is fraud impacting the receivables finance industry today
• To what extent will the recession affect fraud levels
• Assessing the receivables finance industry's current approach to tackling fraud
• What more can be done?

11.15   Coffee
11.30   Laurence Winston, Partner, Corporate Strategy & Finance, Hammonds LLP
Recovery in Fraud

• Pursuing fraudulent directors with and without personal guarantees
• Examining recent changes in the law
• Who needs to be on board
• Costs involved in bringing a case
• Likely outcomes

12.15   Faisal Khan, Head of Banking and Insurance, 3i Infotech - Western Europe
Technology for Fraud Detection in Factoring
Faisal will highlight how technology is playing a pivotal role in the prevention and detection of fraud.

12.30   The session will finish with Q&A followed by a networking lunch.

Why you should attend the session?

1. An informal opportunity to pose questions to senior keynote speakers.
2. Senior networking with industry peers.
3. Real case study to highlight the steps that can be undertaken and compare against your own strategies.

To register

Call Nicola Harley on +44 (0)20 7071 3012 or email marketing.we@3i-infotech.com.  This seminar is free to attend and for senior managers of Factoring companies.