Achromic Point
Direct Tax Summit & Awards

August 13, 2020

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00 Hrs
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9.45 AM-02.45 PM

3rd Annual Fraud, Risk & Compliance Virtual Conference & Awards

| Brought to you by Achromic Point

The ideal atmosphere of fraud – inducing events like widespread unemployment, economic uncertainty, increased mortality & a “new normal” – are in place due to coronavirus outbreak and already triggering malicious activities. Underlying all of this is a fundamental challenge for the financial services industry. Financial institutions are under constant attack by organized crime rings.

Digital channel fraud is fast moving, automated, and perpetrated with sophisticated tech tools designed to bypass traditional fraud controls. For fraud teams, keeping current and sharing information among industry peers has never been more important. In a crisis like these companies and industries must adapt to survive and as new ways of doing business emerge, financial service providers must work even harder to maintain standards and apply best practices whenever possible.

We understand the importance of remaining up-to-date on existing scams, vigilant in identifying new ones, and proactive in anticipating those yet to come and thereby pleased to announce our 3rd annual Fraud Risk & Compliance summit where key issues like cyber threat and protection of whistle blowers , fraud investigation and usage of technologies to stay ahead of fraudsters will be discussed. It is so because we have realized that only collective tenacity, educating one another and sharing best practices can be the only way to mitigate these shared growing fraud risks.


  • Gain in-depth awareness of potential risks in your organisation
  • Tips to remain vigilant and how the frauds can be detected & prevented.
  • It intends to give an opportunity for discussion and exchange of ideas on Fraud detection techniques and its practical application for effective implementation
  • Explore the future of technology and the implications of the financial industry
  • Assessing current advancements and Patterns of financial crime
  • To learn to conduct a fraud examination/ forensic investigation
  • Identify the red flags of fraud
  • Building an anti-fraud control environment
  • Identify the drivers that contribute to fraudulent activity and steps to overcome them.
Direct Tax Summit
  • BFSI
  • Financial Technology Providers
  • NBFCs
  • GICs
  • Prepaid Payment Instruments
  • Payment Card Providers
  • IT/ITeS
  • End User Organizations


10:00 AM – 10:15 AM
Key Note Speaker/Address

Keynote Address

  • Balsing Rajput-Superintendent of Police, Maharashtra Cyber
10:15 AM – 10:45 AM
Individual Presentation

Understanding the cyber threats

    In today’s time of data breach incidents target personally identifiable information (PII) about company’s constituents i.e. partners, customers and employees. Other breach targets corporate documents, intellectual property designs and system information like credentials, passwords or digital certificates. Therefore, it is pertinent for corporates and individuals to be aware of possible cyber crimes and actions that can be taken in such cases.

  • Introduction to data privacy and laws of data protection in India
  • Cyber-crimes:
    • What is cyber-crime;
    • Types of cyber-crime;
    • Loss of sensitive personal information.
  • Relevant provisions of law under the Indian Penal Code, 1860 and Information Technology Act, 2000
  • Preventive and pro-active actions that corporates and individuals can take in case of a cyber-attack, inter alia police complaint with the cyber-cell department; RBI circular on ATM frauds etc.
  • Conclusion
  • Ankoosh Mehta-Partner, Cyril Amarchand Mangaldas
10:45 AM – 11:30 AM
Individual Presentation

Unravelling the confusion: What is whistleblowing and how can we protect whistle-blowers?

    Globally, numerous whistle-blower protection and anti-retaliation laws exist to encourage individuals to bring complaints of wrongdoing to the appropriate authority. Because these protections often apply to the disclosure of fraudulent conduct or government corruption, you must be familiar with the types of disclosures that are protected activities. Those responsible for developing or managing a whistle-blower program can place their organization at risk by not following best practices in this arena.

  • Anirban Banerjee-Global Head-Business Advocacy & Excellence, TCS BFSI Operations
11:30 AM – 11:45 AM


11:45 AM – 01:00 PM
Panel Discussion

Understanding your biases in an interview

    Interviewing is an important part of a fraud examiner's job. Discovering truth is essential to fair and impartial outcomes. Despite our best intentions, basic human psychological processes can interfere with our objectivity and impartiality without us consciously recognizing it has happened. In most cases, the interview is not materially affected by these psychological processes, but there are occasions where interviewers fail to see obvious contradictions in their beliefs, perceptions, theories and ideas with the available evidence. In these moments, interviewers and other decision makers suffer from cognitive biases that negatively affect a fraud examination. Interviewers who are aware of how cognitive biases can affect the interviewing process are better able to proactively mitigate them, resulting in more objective and impartial fraud examinations.

  • Define confirmation bias, bounded ethicality, anchoring, sunk-cost bias and the consistency theory
  • Assess the impact of motivated blindness and implicit bias in interview settings
  • Evaluate how confirmation bias can affect the interviewer
  • Explain how the psychological need of maintaining a positive self-image can impact the interview process
  • Evaluate the impact of anchoring on interviewers
    [Presentation on “Interviewing Skills”]
  • Rajkumar Shriwastav-Certified Fraud Examiner & Trainer
  • [Moderator]
  • Hardik Sheth-Head-Internal Audit & Risk Management, Tech Mahindra Business Services
  • [Panelists]
  • Rajkumar Shriwastav-Certified Fraud Examiner & Trainer
  • Alok Saraswat-Head-Fraud Control Unit, Max Bupa Health Insurance Company Limited
  • Nirmal Paul-Vice President and Head -Fraud Prevention Unit & Claims Investigation, Bajaj Allianz Life Insurance Company
01:00 PM – 01:45 PM
Panel Discussion

The power of partnership: Joining forces to fight financial crime

    We are living in a period of unparalleled technological, geopolitical and socio-economic change. For the financial services industry, this environment creates a tremendous opportunity to provide faster, safer and more affordable services to larger and more diverse populations – but it also creates risks of financial crimes that are increasingly sophisticated and global in nature. The speed and complexity of these opportunities and risks, paired with the scope and scale of the environmental and social challenges facing the world today, requires thoughtful and collaborative approaches. The ability and willingness to partner across a broad spectrum of stakeholders is emerging as a critical competency and competitive enabler.

  • Saurav Kumar Mohanty-Director-Risk Management, FIS Global
  • [Panelists]
  • GK Gupta-Vice-President–Internal Assurance, Max Life Insurance Company Ltd.
  • Syed Rashid Ausaf-Vice President & Head-Fraud & Risk Management Reliance Jio
  • Hardik Dixit-Senior Lead–Fraud Risk Management, NPCI
01:45 PM – 02:00 PM
Awards Distribution

Awards Distribution


Being present at achromic point’s 3rd Annual Fraud, Risk & Compliance Virtual Conference & Awards will ensure that you are in direct contact with organizational decision-makers in the this sector.
For more information contact Ms. Nupur Verma at | 84477-58768 or Download the prospectus to access various packages.
Supporting Partner
Associatiing Partner
Digital Marketing Partner
Corporate Partner


Direct Tax Speakers

Balsing Rajput
Superintendent of Police
Maharashtra Cyber

Direct Tax Speakers

Ankoosh Mehta
Cyril Amarchand Mangaldas

Direct Tax Speakers

Anirban Banerjee
Global Head-Business Advocacy & Excellence
TCS BFSI Operations

Direct Tax Speakers

Hardik Sheth
Head-Internal Audit & Risk Mangement
Tech Mahindra Business Services

Direct Tax Speakers

Rajkumar Shriwastav
Certified Fraud Examiner & Trainer

Direct Tax Speakers

Alok Saraswat
Head - Fraud Control Unit
Max Bupa

Direct Tax Speakers

Nirmal Paul
Vice President and Head -Fraud Prevention Unit & Claims Investigation
Bajaj Allianz Life Insurance Company

Direct Tax Speakers

GK Gupta
Vice-President – Internal Assurance
Max Life Insurance Company Ltd.

Direct Tax Speakers

Syed Rashid Ausaf
Vice President & Head-Fraud & Risk Management
Reliance Jio

Direct Tax Speakers

Saurav Kumar Mohanty
Director-Risk Management
FIS Global

Direct Tax Speakers

Hardik Dixit
Senior Lead–Fraud Risk Management


Operational Risk Model

Community Risk Model

Response to a Critical Incident

Use of Technology in Fraud Risk Management

Initiative in Combating Fraud

Fraud Risk Mitigation Model
Conference Fees
| 6500
Nomination Fees
| 15,000
Conference & Nomination
| 20,000





Ends on July 28, 2020





* GST as applicable

If you would like more information about attending, sponsoring or exhibiting at our events please get in touch with:

For Delegate Registration & Sponsorship Enquiry :
Nupur Verma
 : 84477 58768
For Speaking & Exhibiting Enquiry :
Aashish Verma
99999 05669 : : 

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