An Anti-Fraud Policy is an internal document that sets out the rules and standards to which staff must adhere to prevent internal and external fraud, when carrying out their role. All staff must be made aware of the policy contents to ensure an understanding of the current risks and the controls in place to mitigate them.
This Anti-Fraud Policy template is provided in Word format over 9 pages and 2,491 words. Elements in [square brackets] require editing to make it specific to your organisation.
Design is based on financial services organisations globally and covers the following aspects:
1. Policy Statement
2. Scope
3. Minimum Standards
3.1 Fraud Definition
3.2 Risk Assessment
3.3 Investigating Fraud
3.4 Due Diligence
3.5 Pre-Employment Screening
3.6 Verification and Authentication
3.7 Monitoring
3.8 Refunds, Recovery and Reporting
4. Governance
4.1 Roles and Responsibilities
4.2 Training and Communication
4.3 Compliance Monitoring and Review
4.4 Reporting and MI
4.5 Escalations
5. Records and Retention
6. Contacts