Clari5: Breaking an Unholy Nexus. Combatting Related Party Transaction Fraud in Banks

Increasing instances of related party transactions (RPT) fraud in banks seem to be making the old ‘blood is thicker than water’ saying truer by the day.

Several high-profile cases in the recent past seem to be having a common thread – RPT. RPTs have also been a source of concern for regulators because of inappropriate and inadequate monitoring of RPT transactions, besides non-disclosures.

RPTs typically involve an executive who has an undisclosed financial interest in another entity. In one

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risktech Forum? Register for access

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a RiskTech Forum account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: