Fraud Detection and Prevention in EU Financial Services Firms
This professional training course on Fraud Detection and Prevention is designed for staff working in financial services firms regulated within the European Union.
- 3 CPD Units
- 3 Hours
- All Levels
Welcome to this professional training course on Fraud Detection and Prevention, designed for staff working in financial services firms regulated within the European Union. The course is EU-wide in scope. Selected examples refer to Cyprus only as a practical Member State illustration of how EU rules are applied through national competent authorities, Financial Intelligence Units and sectoral supervisors. Learners in other jurisdictions should map the same principles to their own national framework. Fraud is one of the most significant and fastest-evolving threats to the EU financial system. It causes direct financial losses, damages reputation, drives away clients and counterparties, and increasingly attracts substantial regulatory penalties.
The Payment Services Regulation (PSR) and Third Payment Services Directive (PSD3), on which the European Parliament and Council reached provisional political agreement on 27 November 2025. At the date of this validation (May 2026), firms should still monitor formal adoption, Official Journal publication and the final application timetable.
Training Objectives
By the end of this course, you will be able to:
- Define fraud and recognise the conditions that enable it (the Fraud Triangle and the MMO framework).
- Identify the main types of fraud relevant to financial services firms operating in the EU.
- Understand the principal EU regulations and supervisory expectations relating to fraud prevention, including PSD2 / PSD3 / PSR, the new AML Package, MiCA, DORA, NIS2 and the Whistleblower Directive.
- Apply prevention, detection and remediation principles within the three lines of defence framework.
- Recognise the corporate and personal consequences of failing to prevent fraud, and the components of an effective compliance programme that may provide a defence.
- Identify the multiple reporting obligations that may be triggered by a fraud event in an EU regulated firm.
Participants
This course is intended for all staff at EU regulated financial services firms, including but not limited to:
- Credit institutions and investment firms
- Payment institutions and electronic money institutions
- Crypto-asset service providers (CASPs) authorised under MiCA
- Insurance and reinsurance undertakings
- Fund managers (UCITS and AIFMs) and asset managers
- Other obliged entities under the EU AML framework
Training Duration
This course may take up to 3 hours to be completed. However, actual study time differs as each learner uses their own training pace.
Training Method
The course is offered fully online using a self-paced approach. The learning units consist of reading materials, video presentations and case studies. Learners may start, stop and resume their training at any time.
At the end of each session, participants take a Quiz to complete their learning unit and earn a Certificate of Completion upon completion of all units.
Registration and Access
To register to this course, click on the ”Add To Cart” button to pay online and receive your access instantly. If you are purchasing this course on behalf of others, please be advised that you will need to create or use their personal profile before finalising your payment.
Access to the course is valid for 180 days.
If you wish to receive an invoice instead of paying online, please Contact us here. Talk to us for our special Corporate Group rates.
This programme has been developed by the European Institute of Management and Finance (EIMF), an EU recognised training institution.
The syllabus is verified by external subject matter experts and can be accredited by regulators and other bodies for 3 CPD Units that approve education in Financial Regulation and AML.
Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
What People Say About EIMF
EIMF offered tools, knowledge, and practical experience…no books can accomplish this!
EIMF is a great training provider, pursuing and excelling in the investment services industry
I now see that my behaviour was affecting the actions and dedication of my team…thank you for making me see things that I never thought about before!! Course was amazing!
For us it’s vital to invest in the professional development for our staff. EIMF makes sure our investment is effective, and our people are able to realise their full potential.
High-quality content and very enjoyable learning experience. At EIMF courses are delivered in a very informative and engaging way and are beneficial for anyone who works within the financial services, accounting and compliance sectors.
We know our most valuable advantage is our people! Our success as an organisation is dependent on fully realising the potential of our people. Working with EIMF means we are able to achieve that in the most efficient and effective way.
You May Also Consider . . .
-
AML Risk Assessment
2 CPD Units 2 Hours €75.00 Add to cart -
Assessing and Managing AML Risks
2 CPD Units 2 Hours €75.00 Add to cart -
AML Suspicious Activity Reports and Suspicious Transaction Reports (SAR/STRs)
4 CPD Units 4 Hours €105.00 Add to cart -
Anti-Money Laundering and Terrorism Financing Fundamentals
3 CPD Units 3 Hours €90.00 Add to cart
© 2025 EIMF. All Right Reserved.