This document provides guidance for organizations for the development, implementation and maintenance of an effective fraud control management system (FCMS). This includes fraud prevention, early detection of fraud and effective response to fraud events that have occurred or can occur in the future.


The document provides guidance for managing the risk of fraud, including:


a)       internal fraud against the organization;


b)       external fraud against the organization;


c)        internal fraud in collaboration with business associates or other third parties;


d)       external fraud in collaboration with the organization’s per...