Australia is a wealthy country and Australians are viewed by criminals as susceptible targets of scams and frauds. The share market is not immune and is targeted, exposing brokers and their clients to the risk of fraud. The shape of fraud is constantly evolving. What can be done to prevent and mitigate fraud activity?
How is it evolving? What lessons can be learnt to put in place protections without putting so much friction in the system that it disenfranchises clients?
Professional standards CPD: 0.34 Professionalism and ethics; 0.33 Client care and practice
ASIC RG146 CPD: 0.34 Specialist knowledge - Securities; 0.33 Specialist knowledge - Securities