Fraud Risk Management

Fraud Risk Management establishes a preventive framework that integrates legal, operational and strategic dimensions. Unlike traditional accounting- or internal audit–focused approaches, it treats white-collar fraud not only as a financial violation but also as a corporate threat under criminal law.

In this framework, Fraud Risk Management requires developing detailed risk maps for critical processes, such as management, procurement, accounting, and human resources, where organizations are most exposed to fraud. Ethical policies and internal procedural declarations are laid down to define a conduct framework aligned with a company's values while secure whistleblowing mechanisms allow employees to report potential violations confidentially.

Suspicious case reviews and internal investigations are conducted with the support of forensic technology and data analytics, ensuring evidence integrity and legal compliance at every stage. The resulting Fraud Investigation Report documents all aspects of the incident, potential criminal and labor law consequences, and recommended actions.

In addition, identified incidents are assessed to determine whether they constitute a crime under the Turkish Penal Code (TCK) or Law No. 5549. When necessary, filings are submitted to authorities such as the Capital Markets Board (SPK), the Personal Data Protection Authority (KVKK), or the Competition Authority. This integrated approach enables organizations not only to react to crises but also to anticipate and manage risks proactively.

Fraud Risk Management goes beyond reducing financial losses—it creates a strategic defense line that protects corporate reputation, legal security, and a sustainable management culture.