Discover the art of identifying fraudsters by learning some language which they often use in their correspondence and master the art of defending yourself against the trap of frauds
- Defining Fraud
- Why is Documentary Credits Fraud so popular?
- The “Fraud Exception Rule”
- What is interlocutory injunction and what standard of proof should be given
- to the Court to obtain such injunction so as to prevent the Issuing Bank
- from paying under their letters of credit?
- Who is holder in due course?
- Who is holder in value?
- Who is holder without value?
- Does the Fraud Exception Rule apply to them?
- How to Avoid Frauds?
- How to minimize the risks of fraud.
- The Fraud Exception – Legal analysis of English Law approach.
- How should an Issuing bank, confirming bank, negotiating bank and presenting bank act for
- its best interest when frauds are uncovered?
- How should an Applicant, Beneficiary or Other Party act for its best interest after frauds
- have surfaced?
- Do you know which article of UCP 600 fraudsters, or sellers in financial crisis use to get
- payment from the banks, producing fraudulent but compliant documents against inferior goods,
- rubbish goods or no goods at all?
- Know how banks take precaution for you when they open letters of credit on your behalf.
- How do banks mitigate the fraud risks after having opened the letters of credit?
- Some famous legal cases including Solo Industries and Rostagi Bros
WHAT YOU WILL OBTAIN
- Real life examples and interesting case studies
- A chance to discuss and clarify your doubts, questions, trade issues etc.
- Complete study material
- Quality refreshments and lunch
- Certificate of attendance
- Networking opportunity with banking and trade professionals
WHO SHOULD ATTEND
All who are involved in Commercial dealings with Customers or Suppliers.
- Importers or Exporters
- Logistics Staff
- Finance Staff
- Insurance Companies - Staff
- Administrative staff involved in drafting commercial documents
About Navigate Consulting
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