Course Description

“Making sense of Corporate Governance, Financial Crime, Ethics, and Control – An Introduction” presents

1) ethical issues faced in business,

2) various forms of financial crimes like fraud, money laundering, market abuse and insider dealing, and corruption;

3) various warning signs and prevention controls;

4) theoretical aspects of corporate organisation and governance; and

5) the role of corporate governance in ensuring ethical business conduct and sustaining trust among stakeholders.

This course also probes into mechanisms and techniques used in money laundering and presents how illicit funds are integrated into the legitimate financial system, evaluate the effectiveness of various regulatory frameworks and crime control measures designed to prevent and address these financial crimes.  Singapore’s whole-of-society approach to preventing, detecting and enforcing against money laundering and terrorism financing, with government and private sector entities each playing their roles and the importance of its compliance with international standards will be briefly mentioned too.  Singapore’s primary anti-corruption law - Prevention of Corruption Act, and Singapore’s Code of Corporate Governance for SGX listed companies will be introduced.

By the end of this course, participants will gain a better understanding of the ethical and legal dimensions of corporate governance, the complexities of financial crime, and the best practices for preventing fraud and money laundering in the business environment. Trustfully, we are able to conclude that corporate governance is at the heart of ensuring ethical business practices and averting financial crimes. A strong governance framework, supported by ethical theory and robust management controls, creates an environment where unethical behavior is less likely or restricted to occur. By prioritising corporate governance, organisations can protect their integrity, ensure transparency, and sustain long-term success.