Laws & Regulations

Combating Money Laundering and Fraud in a Digital Economy

Combating money laundering and fraud in a digital economy

Dates:  29 August 2018 (8.30am - 12.30pm) 
Venue: Securities Commission Malaysia
Accreditation: 5 CPE

This programme aims to provide the latest updates on the increasingly sophisticated and advanced cyber threats that cyber security experts predict may occur while promoting greater security and integrity planning through effective security measures in order to build an organisations’ cyber risk resilience.

  • Programme Delivery

    Programme Objective

    This half day programme is designed to enable participants to identify the potential cyber-enabled frauds and measures to be taken to manage the incidents.

    Learning Outcomes

    By the end of this programme, participants will be able to:
    • discuss the impact of cybercrime and how it threatens the capital market
    • identify how IT, physical and socially engineered methods are used to commit or facilitate cybercrime
    • recognise with the major fraud typologies used by cyber criminals
    • describe key security methods used to prevent cybercrime 


    Interactive presentation, Discussions on Case Studies and Question-and-Answer (Q&A) sessions

    Target Audience

    Audit officers, Legal advisors, lawyers, accountants, risk management officers
    Asset management companies, advisory firms, legal firms, accounting firms, stockbroking firms, investment banks, insurance companies, public listed companies and SMEs.


    Foundational (Product Knowledge) - Capital Market Fundamentals, Capital Market Environment
    Functional (Technical Skills) – Digital Technology Application
  • Programme Outline

    8.30 am Registration
    9.00 am Overview of Money Laundering and Fraud in the Digital Economy
    • Cybercrime: Types, threats and risks
    • Financial fraud with the use of technology
    10.30 am Refreshments
    10.45 am  Cybercrime, Money Laundering and Fraud
    • Fraud analytics
    • Mechanisms for laundering cybercrime proceeds
    • Use of alternative payment systems and e-money for money laundering.
    • Methods and Techniques in Preventing and Combating the Legalisation of  Cybercrime Proceeds
    • Electronic money laundering, online ad fraud, digital currency
    • Challenge of overcoming the convergence of financial crime and cyber fraud
    12.30 pm End of Programme
  • Programme Fees

    Normal Price
    RM 550
  • Speakers

    Speaker- Raymon Ram

    Raymon Ram, MSC (Econ. Crime Mgt.), CFE is an advocate against Economic Crime, having published numerous articles and case analyses on the subject matter. He is a Certified Fraud Examiner with a Master’s Degree in Economic Crime Management and Bachelor’s Degree in Psychology.
    Being previously involved in investigations related to corporate insolvency and project rehabilitation at a consulting firm in Kuala Lumpur, he is now the Managing Director / CEO at Graymatter Forensic Advisory Sdn Bhd, which provides solution-based training and professional services in the area of Forensics and Fraud Risk Management.
    He has facilitated various anti-fraud courses and led his team to complete corporate fraud investigations, asset recovery exercises and assisted in restructuring operations at the Malaysian Association of Certified Fraud Examiners (MACFE).
    Raymon is also a passionate researcher and often guest lectures on forensic related courses at an international university based in Kuala Lumpur.
    He currently holds positions as the Assistant Secretary General at MACFE and Executive Committee Member at Transparency International Malaysia.

    Speaker- Yunos Yusop

    Mr. Yunos has had over 20 years of experience in the financial industry, which includes working on Risk Management projects/ He has also gained priceless experiences managing and combating internal & external fraud while working with a Retired Deputy Director of CID, Royal Malaysia Police. He was one of the founding members for Group Anti-Money Laundering and Counter Financing Terrorism office for a leading universal banking group in the region. He then served at Fraud Intelligence Department and Forensic Services. He was former Head of Compliance & Head of AML/CFT with a foreign bank in Malaysia. He has trained thousands of employees in the area of AML/CFT & Fraud Mitigation and guest speaker for international conferences & seminars.
    In recognition for his efforts for promoting fraud awareness and AML/CFT compliance programme to Malaysian’s Corporations, in 2011, he was appointed as the Research Fellow of Institute of Crime & Criminology (ICC), Help University. Past Member of Fraud Risk Committee, Association Bank-bank Malaysia (ABM) and other fraud committee within the fraternity of financial services. In April 2014, he was appointed as the Secretary to the Compliance Group (CONG), a compliance networking group under Asian Institute of Chartered Bankers and currently member of CONG (until December 2014). He is currently the Director of Training for Malaysia Association of Certified Fraud Examines (MACFE) and EXCO for Transparency International (TI-M).