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Trade Risks And Fraud Management

Date: 25 August 2020, Tuesday
Time: 9.00am to 5.00pm
Venue: Novotel Kuala Lumpur City Centre


With the growing industrialization program, particularly in manufacturing, the import-export sector has assumed an increasingly important and major role in the economy.

This in turn, has created the need among businesses for greater awareness of the services available in commercial banks and the growing complexities of international trade which is fraught with uncertainties / risks / fraud.

It is therefore timely that this training course be introduced to enable players to exercise due caution, where applicable.


Provide participants with an overview of the various trade financing products, and the associated risks and precautions to take in using them.


Bankers, Entrepreneurs, Managers, Auditors and Executives who require knowledge of Trade Financing products, the risks associated in using them, and how such risks could be mitigated


Lectures, discussion & case studies, ICC Rules and appendixes on sample of documents and forms.


    1. Categories of risks
    2. Risks to Traders / Banks with transactions where no Letters of Credit (LCs) are used.
    3. Features of various LCs and risks to users:

    • Buyer / applicant
    • Seller / beneficiary
    • Issuing Banks
    • Advising Banks
    • Confirming Banks
    • Negotiating / Financing Banks

    4. Types of fraud

    5. Causes of fraud
    6. Internal and external fraud
    7. Documentary fraud - associated with various shipping documents, and how to check the documents for compliance with LCs.
    8. Areas prone to fraud
    9. Warning signs of fraud
    10. Consequences of fraud
    11. Suggested measures to mitigate fraud.


Mr. Noel Vong is our Senior Trainer and Senior Management Consultant. He has 40 years of banking experience with over 20 years in International Trade Finance. His experience in International Trade and Trade Finance includes the setting up of the Trade Bill Centers, customising Trade Finance manuals, developing Islamic Banking Trade Bill Products, centralizing trade processing activities, supervising marine and export-import operations, training staff and conducting Trade Seminars for public and bank customers.

He is a retired Manager of a local & a foreign bank and has worked in all major towns in Malaysia. He has also worked in Banks in The Philippines, Cambodia, Hong Kong and Vietnam.

Noel is an accomplished trainer cum consultant. Over the past 20 years, he has conducted many in-house and public Trade Finance courses in Malaysia and the Asean Region. For Islamic banking, he has rendered his expertise in developing and drafting Islamic Trade Finance products for commercial banks.


Early bird fee: RM901 per person - Register by 18 August 2020

Normal fees: RM1,166 per person – SBL claimable (Inclusive of lunch, tea breaks, notes and 6% SST)

*Group discount of 10% available (for 3 or more participants from the same company)


Malaysian Export Academy
No. 86, Jalan BP 7/8,
Bandar Bukit Puchong,
47120 Puchong, Selangor.

Tel : 03 8066 3107
Fax: 03 8066 6152

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