Note - MY world. Be aware it is that of a very dogmatic old man who is still thinking like he did back then but prepared to listen to today
Wednesday, 1 October 2008
Where did all the money go?
I'm told that Nick Leeson is an interesting speaker even when things are running normally. Given the scale and manner of the current bank hardships his value will have gone up quite considerably; almost getting it from the horses mouth one might say.
TODAY'S GUEST BLOG
Keynote speaker at the third annual Yorkshire and Humberside Fraud Forum Conference in Wakefield on Tuesday 7th October 2008 is one of the world’s most sought after speakers, Nick Leeson. His presentation will include his role in the collapse of Barings Bank, expose the lack of accounting safeguards and detail his subsequent imprisonment.
Perhaps appropriately for the current economic environment Leeson says “I think rogue trading is probably a daily occurrence amongst financial markets. Not enough focus goes on those risk management areas, those compliance areas, and those settlement areas, that can ultimately save money.”
Contributors to the days events include a Keynote speech by Sandra Quinn from the Attorney General's Office and Chief Executive of the Development Team establishing the National Fraud Strategic Authority. Sandra will be available for interview regarding the strategic direction of fraud enforcement and prevention in the UK.
David Wall from Leeds University is Professor of Criminal Justice and Information Society. He is one of the leading experts in the field of Cybercrime and has written extensively on the subject.
Hear an expert economist, Clare Howarth, set out the current climate for fraud in the UK and Alex Deane from Companies Investigation Branch detail the threat to business from this insidious crime with recordings of genuine scam attempts.
The conference coincides with National Identity Fraud Prevention week, which commences on the 6th October. Identity Theft and Identity Fraud continue to increase and are an inherent threat to us all as individuals and as business operators and the YHFF lend their full support to this campaign.
Tony Booth Chair of the YHFF said, “ This is a great opportunity to listen to one of the most interesting characters in the world of high finance fraud and to hear from Sandra Quinn how the UK is developing its strategic response to the fraud issues that face us. We shall also be looking at the threats we face in this turbulent economic climate, e-crime, micro-fraud and identity theft.