Introduction to Fraud & Reputational Risk - eCourse

Learn how to risk proof yourself against operational losses and reputational risk caused by trade finance fraud and explore various fraud prevention techniques

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By the end of this eCourse you will be able to:

Define what exactly "fraud" means in trade finance.

Explain the first steps to be taken after a legitimate/suspected trade finance fraud is discovered.

Understand what a "red flag" consists of in fraud and provide a broad list of what they could be.

Describe common internal communication tools used to manage suspected fraud, and the risks inherent in each one.

Understand the concept of legal privilege, and how to obtain and maintain that protection.

Be able to identify weaknesses in your own business.

Understand the common fraudulent schemes perpetrated in trade finance and the activities that support them.

Explain a variety of trade finance fraud prevention and risk mitigation strategies.

Identify resources available to assist the response, investigation, and recovery of assets.

Explain the roles of the investigation team members.


Access period

12 months


3 hours


Parent Certificate





Who should take this course?

General practitioners working in banks, corporates, or financial institutions in functions such as relationship management, credit and compliance, but with an interest in trade finance.

Animated explainer videos

This eCourse includes 21 animated videos to help you better understand core concepts

Case study

Learning is easier with practical examples and we've inlcuded a case study to help you apply your new knowledge.



Lorna Strong

Deputy General Counsel, Global Trade and Receivables Finance (GTRF), HSBC

Lorna is a member of the ICC Banking Commission Legal Committee and is Deputy General Counsel for HSBC Global Trade and Receivables Finance (GTRF), acting as primary legal advisor for GTRF globally. Lorna holds degrees in law and in applied science from the University of British Columbia and has been recognized in the areas of banking law, fraud law and international law, including receiving the 2012 Global Counsel Award for Regulatory (Financial Services), Individual of the Year. She also lectures on matters relating to banking, compliance, fraud recovery and risk.

Introduction to Fraud and Reputational Risk - eCourse

Only USD $150
  • 12-months access to all 6 lessons. Repeat them as many times as you want.
  • Online and interactive - learn at your own pace
  • A case study and 21 assessment questions to test your knowledge
  • 21 animated explainer videos
  • Downloadable glossary for offline reference
  • Certificate of completion


Answers to your most commonly asked questions.

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