Guidance Fraud Prevention Standard for Counter Fraud Professionals

Principal Category: Fraud Prevention/Criminology/Cybersecurity

Authors: UK Government

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Professional Standard and Competencies for the Fraud Prevention Discipline

Purpose

This document is part of the wider government counter fraud standards and guidance, which cover all the core disciplines and subdisciplines in the Government Counter Fraud Framework.

The Government Counter Fraud Professional Standards and Guidance are designed to present a consistent cross-government approach to countering fraud, raise the capability of individuals and through this, increase the quality of organisations’ counter fraud work. Their aim is:

• to describe the knowledge, skills and experience (professional standards and competencies) needed for an individual to achieve practitioner level in counter fraud work in their desired discipline – the document directs you to a competency framework which outlines how someone can progress to this standard
• to provide guidance to those using the standards on the processes and products they will use to deliver the discipline and what they should seek to put in place in the organisation to deliver the discipline effectively

The organisational guidance, also known as ‘Approved Professional Practice’, can also be referenced when considering what should be in place in an organisation in order to use this discipline effectively.

These standards form the basis of the Prevention and Deterrence discipline that is being established within government. To be acknowledged as a counter fraud professional, these standards will have to be met. Guidance is being developed and will be made available on Civil Service Learning counter fraud pages regarding how you can be recognised as a member of the Government Counter Fraud Profession (GCFP).

These standards have been developed in conjunction with a range of stakeholders, including the Commonwealth Fraud Prevention Centre (CFPC) in Australia. This is the first GCFP Standard to be launched internationally, with a common focus on preventing fraud and reducing the impact fraud has on public services.

This document focuses on an individuals’ fraud prevention capability.

The professional standards and competencies are not intended to cover every eventuality or every specific issue that may arise and should be adapted to the organisation’s resources and fraud risk profile.

Introduction

A counter fraud professional should be able to understand fraud risk, recognise prevention opportunities and collaborate with others to design, implement and evaluate controls.

Fraud has an impact at a personal, organisational and societal level;

• at a personal level, it can cause anxiety, depression, a loss of money and potential injury from goods and services that are not fit for purpose
• at an organisational level, it can cause significant financial losses, a loss of employment, lower staff morale, reputational damage and a loss of public confidence in the public body concerned
• at a societal level, it can lead to the loss of large sums to the economy, higher public spending, an increase in national debt, an increase in pressure on law enforcement and can fund other forms of crime such as terrorism

“A counter fraud professional should be able to understand fraud risk, recognise prevention opportunities and collaborate with others”

Research Study/Article/Document

https://scampsychology.org/wp-content/uploads/2023/08/3270_GCFP_Prevention_Standard_V.5.pdf

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