Fraud prevention

Fraud prevention guidance:

Corporate fraud is any fraud committed against a business. Fraud impacting businesses can be both general frauds that target any and all businesses, or sector specific...

Practice Note

What is a bogus law firm? The term 'bogus law firm' is used to describe a situation where a firm or individual that is not regulated by the SRA pretends to be entitled to...

Practice Note

A: General information Review period[Insert review period] Date of review[Insert date] Person(s) conducting review[Insert name(s)] B: Data CriteriaIn the last [insert...

Precedents

STOP PRESS: The SRA Standards and Regulations (also known as the ‘StaRs’) are in force from 25 November 2019. They replace the SRA Handbook 2011. Key changes include...

Practice Note

Employers may wish to know whether a prospective employee has a criminal record, for example because: • it reflects on the employee’s character and suitability for the...

Practice Note

[Fraud can take many forms and the type of fraud suspected will dictate the route through which it should be reported, eg money laundering suspicions should be reported...

Precedents

The information contained in this schedule is confidential. Internal contacts Internal contactExtension, mobile and home telephone number [Finance director][Insert...

Precedents

1 Preliminary screening 1.1 Guidance It is important that certain types of fraud are reported and managed via the relevant dedicated reporting mechanism to ensure...

Precedents

QuestionAdditional guidanceYes/NoAction points (if any) Have you appointed someone who is responsible for overall fraud prevention?Most areas of the firm can be the...

Precedents

According to ActionFraud, the UK’s national reporting centre for fraud and cybercrime, fraud occurs when ‘trickery’ is used to gain a dishonest advantage (often a...

Precedents

1 Introduction 1.1 This fraud prevention policy is designed to encourage awareness of the different types of fraud that could affect the firm and sets out the...

Precedents

QuestionCorrect answer 1. What is fraud?(b) Deliberately using deception or dishonesty to deprive, disadvantage or cause loss to another person or business, usually for...

Precedents

How to use this test These questions are designed to test your understanding following training on fraud prevention. After you have completed this test, please return it...

Precedents

(A) General information Date of review[Insert date] Person(s) conducting review[Insert name(s)] (B) Data CriteriaIn the last [insert period, eg quarter]Over the last 12...

Precedents

Fraud can take many forms and the type of fraud suspected will dictate the route through which it should be reported, eg money laundering suspicions should be reported...

Precedents

This Precedent flowchart is intended to be used by the person responsible for receiving fraud reports from your staff and will guide them through the next stages to...

Precedents

1 Preliminary screening It is important that certain types of fraud are reported and managed via the relevant dedicated reporting mechanism to ensure statutory...

Precedents

1 Introduction 1.1 We have performed a firm-wide assessment of the risk of our services being used for the purposes of fraud. This document records the risks we have...

Precedents

Fraud can happen to any firm. Our staff are our first and best line of defence. You do not have to behave like a police officer but we expect you to be alert to the...

Precedents

Commercial organisations cannot function without staff. Unfortunately, however, your employees can pose serious threats to your business. Employees can and often do the...

Practice Note

SAR Reference Number:[insert number] (nominated officer use only) A record of this Suspicious Activity Report (SAR) will be kept by the nominated officer for at least...

Precedents

STOP PRESS: The SRA Standards and Regulations (also known as the ‘StaRs’) are in force from 25 November 2019. They replace the SRA Handbook 2011. Key changes include...

Precedents

QuestionAnswer 1. What is Mortgage Fraud?(b) Where an individual (or individuals) defraud a lender when obtaining a mortgage 2. Where can our property and mortgage fraud...

Precedents

How to use this test These questions are designed to test your understanding after your attendance at training on property and mortgage fraud prevention and the law....

Precedents

1 Introduction 1.1 This policy supplements the Company’s [data protection policy (employment)]. 1.2 This document sets out the Company’s policy on asking questions about...

Precedents

While the application form and interview process will give you some assurances as to a candidate's suitability for a vacant position, some additional verification or...

Practice Note

This Practice Note sets out the regulatory requirements that apply to firms providing conveyancing and/or property and mortgage related services. What are property and...

Practice Note

You do not have to behave like a police officer but you do have to remain alert to the warning signs of property and mortgage fraud and make the sort of enquiries that a...

Practice Note

Fraud is the deliberate use of deception or dishonesty to deprive, disadvantage or cause loss (usually financial) to another person or party. Regardless of a firm's size,...

Practice Note

This Practice Note provides guidance for law firms on how to handle a client account fraud and explains the regulatory and legal requirements that apply. See also...

Practice Note