1. What is the financial crime?

It is a non-violent crime that gives an economic loss, these can be by checks,

transactions, fraudulent deposits, and these with the passage of time and
technology have been increasing.

2. What are the 7 components that identify financial crime?

1. Alleged increase
unjustified assets
2. Alleged falsehood (identifications, documents, data)
3. Alleged testaferrate
4. Possible impersonations
5. Simulation of transactions
6. Relationship with people who they have a criminal record for enforced
sentences imposed for criminal justice
7. Links with goods of allegedly illicit origin

3. Do companies primarily need a strategy to concentrate resources and

efforts in identifying and managing the risk of financial crimes?
Reduce and prevent the increase in crime incidents financial and identify
early, misuse and possible risks.
These elements include:
• Business fraud and administration of the misuses that a range provides of
technological platforms, as well as a advanced analytics and services that
address proactively, fraud at a level business.
• Concentration of attention on main areas of financial crime such as market
abuse, laundering Money and bribes.
• Implementation of a custom system to help prevent and detect crime
financial.
• Cyber preparation, response to crisis management incidents and
vulnerability monitoring for face cyber threats in real time.
• Analysis evaluation capabilities of data, including designed specifically by
researchers.
• Electronic discovery.
• Awareness and understanding of anti-fraud laws and regulations / financial
crime / anti-corruption more important as well as a broad range of services
to face a investigation.
• Cyber response services, designed to handle the administration and
investigation of the origin and cause of cyber incident

4 Despite these challenges, the approaches of many financial institutions

in relation to financial crime remain a patchwork of fragmented,
inefficient and ineffective efforts, designed around a series of discrete
compliance tasks. Why?
We must exercise better controls, technology is a great ally for new
strategies that allow us to deepen this type of fraud in companies faster

a. Financial crime is a problem that requires corporate directors

and senior executives to remain alert, as the actual risks of
bribery and fraud they face increase rapidly. Why?
Within the functions of the directors is to exercise Internal control so that
this does not happen, to this you can ask for help from the Fiscal Review of
the company in case it has otherwise always have controls in the different
areas or processes to avoid such frauds