RSM Malta

Fraud Prevention & Investigation

Publicised fraud related incidents have continued to increase in the past years partly due to a slowdown experienced by economies across the world. Accordingly, organisations need to continuously focus on protecting their finances, assets, brands and reputation. 

Organisations need to increase their focus on fraud risk and take the initiative to consider, enact and improve their measurements to detect, deter and prevent fraud.  RSM Malta has the required competences to assist organisations to integrate fraud prevention measures into their entity and investigate any instances of financial, commercial or organisational crime. 

Preventative Services  

Prevention is always better than cure, and that is why we at RSM Malta believe the best approach to protecting your entity from fraud risks is to implement certain measures and controls to address these risks. Our team of professionals can assist organisations, both in the private and public sector, to adopt an effective, business-driven fraud risk management approach that aims to adequately mitigate the relevant negative effects emanating from fraudulent incidents, both in terms of financial losses and the negative publicity which impinges on the organisation’s reputation.  Furthermore, by establishing an anti-fraud culture and promoting (anti-) fraud awareness throughout the organisation, management will also be able to address and respond to identified instances of fraud. 

Our fraud prevention services include the following: 

  • Fraud Risk Analysis and Assessments; 

  • Control Weakness Analysis; 

  • Fraud Awareness and Ethics Training Programs; 

  • Fraud & Anti-Bribery and Corruption Policy Implementation; 

  • ISO 37001 Anti-Bribery Management Systems – Standard Implementation; 

  • Whistleblowing Training; 

  • Whistleblowing Services (Anonymous Fraud Hotline and Reporting); 

  • Proactive Data Monitoring/Analysis; and 

  • Integrity Due Diligence and Other Due Diligence Services. 

Investigative Services  

Even though an organisation may have adequate preventative measures in place, commercial crime still occurs and it is critical for an organisation to respond appropriately and effectively to cases of fraud and corruption.  RSM Malta offers specialised support to its clients to effectively deal with the issues of fraud, corruption, asset recovery, misconduct of the organisations’ officials and breaches of market regulation.  The response approach adopted shall be identified through reviews and investigations which our competent unit shall conduct. Our investigative services may vary in nature but mainly cover financial, corruption and bribery, conflict of interest, theft, asset misappropriation, and supply chain reviews, checks and investigations. 

Such engagements focus on identifying the sources of negative effects to the organisation and deal with them promptly and effectively. We may further determine the circumstances through which such incidents ensued, gaining a deeper understanding of the potential resources and processes involved. After the completion of the investigation we will recommend appropriate measures that should be adopted, both to deal with the case under review but to also prevent the occurrence of similar future instances.  

Contact Us

William Spiteri Bailey

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Position: Partner
Contact Number: (+356) 7947 5515   
Email: [email protected]

 

Contact Us

Vladimiro Comodini

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Position: Partner
Contact Number: (+356) 79 846 536
Email: [email protected]