JST412 Financial Crime Control and Risk Management (8)

The subject examines organisational, contextual and cultural risk factors that give rise to fraud and financial crime opportunities. The subject evaluates commonly adopted fraud and financial crime prevention mechanisms and frameworks drawn from around the world and evaluates their effectiveness in light of an evolving crimescape. The subject explores national and international best practice guidance designed to aid organisations in reducing their exposure to financial crime abuse.


Session 3 (90)
Manly Campus

Continuing students should consult the SAL for current offering details: JST412. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System



One session


Australian Graduate School of Policing and Security

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to review and apply risk management theories, models and frameworks;
  • be able to identify and analyse organisational, contextual and cultural risk factors;
  • be able to describe the functionality of financial crime prevention mechanisms and frameworks; and
  • be able to evaluate and recommend fraud and financial crime prevention mechanisms and frameworks to address specific fraud and financial crime risks.


This subject will cover the following topics:
  • Fraud and financial crime risks
  • Risk management theory, models and frameworks
  • Organisational risk factors
  • Risk and Financial Crime
  • Identification and Management of Financial Crime Risks
  • Financial Crime Prevention Strategies
  • International and National Standards

Indicative Assessment

The following table summarises the assessment tasks for the online offering of JST412 in Session 3 2020. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Value %
Organisational vulnerabilities

The information contained in the CSU Handbook was accurate at the date of publication: May 2021. The University reserves the right to vary the information at any time without notice.