Resources
Case Studies
Our case studies contain analysis and discussion points for users to better understand the legal provisions. They also provide suggestions on how to prevent corruption, fraud and malpractices.
Nelson, a bank manager, accepted commission via his wife from a director of a trading company for providing assistance in approving Letters of Credit.
Terry, a senior bank manager, accepted monetary advantage from his customer for expediting the approval of overdraft facilities. The matter was unearthed by the bank’s compliance department before the transaction was completed.
Cindy, who worked in a bank credit card centre, accepted a “part-time job” offered by her friend from a debt collecting company. The job requirement was for Cindy to release information of the bank’s customers to her friend.
Peter, a bank manager, solicited an advantage from a money launderer from overseas for leaking confidential information and helping the latter to launder his money through accounts in his bank.
Kim, a bank’s senior credit officer, disclosed the proposed acquisition of an overseas investment company to a trader in the bank’s stock broking section. The trader bought a major block of shares for the bank after the “tip-off”.