Give the international community the subject of the fight against money laundering and terrorism financing utmost importance in the present day, especially in the risks and challenges facing the world and the requirements of light keep up in terms of legislation and in terms of regulatory and judicial and security authorities , banking and financial institutions and mechanisms of action. Especially that globalization and interdependence ofeconomies and the development of payment systems allow transfer money quickly around the world. In the face of all this, the legislative and regulatory authorities and law enforcement authorities in our Arab countries consistently seeks to modernize the laws and legislations and activation of the control work , which aims to combat money and theactivities of terrorist organizations , wash, in line with relevant international institutions that seek their part to modernize and issue standards and guidelines to keep pace these challenges.
In spite of all that some banks would prefer not to deal with customers or certain sectors if it found itself incapable of performing procedures due diligence Due Diligence, which is also known as the phenomenon of risk aversion De-Risking, and that some of theinstitutions and the authorities resort to work outside the framework of channels banking subject to regulations and legislation and laws governing their work in an effort to evade these controls and legislation oversight, which led to the emergence of what has become known Beservh shadow (shadow banking), where the availability of business credit mediation taking place within the framework of this phenomenon, if properly implemented, a substitute for bank financing.
In spite of all that some banks would prefer not to deal with customers or certain sectors if it found itself incapable of performing procedures due diligence Due Diligence, which is also known as the phenomenon of risk aversion De-Risking, and that some of theinstitutions and the authorities resort to work outside the framework of channels banking subject to regulations and legislation and laws governing their work in an effort to evade these controls and legislation oversight, which led to the emergence of what has become known Beservh shadow (shadow banking), where the availability of business credit mediation taking place within the framework of this phenomenon, if properly implemented, a substitute for bank financing.
From here I took the shadow banking an important aspect of interest supervisory authorities and banks alike, Investors , who are pumping money into the stock now turned to lend their money, which is not only extending credit funky but risky. This is why theInternational Monetary Fund to Akhaddah non - bank institutions to the requirements of Basel III. According to the statistics of the Financial Stability Board, " the banking shadow" sector has seen strong growth since the beginning of the global financial crisis in 2007 to reach $ 67 trillion in 2011 , which indicates the seriousness of "banking shadow", particularly the system 's activities in the case of a liquidity squeeze with thetransformation of lenders to escape the scrutiny and audits.
Thus is the subject of anti - money laundering as well as banking shade represent agrowing importance with the expansion of the circle of terror and organizations regionally and internationally, and has become the obligation of international and domestic regulatory systems is a major deterrent to any criminal elements, including money and people wash who want to help, in any way , in acts of terrorism.
Given the importance of these subjects twin regulates the Union of Arab Banks incooperation with the Unit for Combating the Financing of Terrorism of money laundering in the Arab Republic of Egypt and the Federation of Egyptian Banks this forum as part of his quest for the dissemination of culture and knowledge among Arab Bankers generally these risks become worry the world.
Target participants:
heads of units to combat money laundering and terrorist financing in banks and their collaborators key
managers and staff commitment in bank management and their collaborators key
managers and staff audit, risk management and their collaborators key
managers and employees of credit and assistants main
internal audit managers and assistants main
branch managers and assistants principal
This forum aims to provide participants with knowledge depth about:
how to monitor indicators of money laundering and terrorist financing, and the reporting of suspicious transactions.
Developments in the standards and requirements of the Financial Action Task Force (FATF) and Security Council resolutions related to terrorist financing and foreign fighters terrorists.
Due diligence procedures (Enhanced due diligence).
The risk - based methodology on risk management (Risk Based Approach).
Penalties and fines (sanctions & penalties) imposed on non - compliant banks and how todeal with it.
Challenges posed by the phenomenon of risk aversion (De-Risking) and the risks inherited it.
Financial crimes resulting from electronic payments, and payment methodologies modern and risks, and cross-border trade.
National Assessments in the fight against money laundering and terrorist financing ,
banking shadow: its mechanism, effects and risks to the banking system and control them.
Tax evasion and automatic exchange of tax information CRS.
Main topics:
new developments in the fight against money laundering and terrorist financing standards of
penalties and fines on non - compliant banks sanctions & penalties.
Anti - bribery and corruption and the role of banks and financial institutions in this regard.
Approach based on the risk in regulatory compliance.
The phenomenon of risk aversion De-Risking hazards inherited it.
Tax evasion: the automatic exchange of information.
And virtual currency: comparisons of credit cards, the risks and the means of control.
Cybercrime and means of security - the modern trends and hot topics.
Money laundering based on the cross-border trade operations.
Discuss the report of the Financial Stability Board regarding the shadow banking Shadow banking.
Definition of the concept of banking shade and mechanism of action and risks of
the impact of the banking shade on the banking sector , the
Financial Stability Board initiative on banking shade
regulatory tools to deal with the risks of banking shadow is
difficult to measure the activity of these banking under its Sairafi complex
experiments and applied study: Issues faced Arab and regional banks.
Will be speaking at the forum group of experts whom gentlemen:
Mr. Abdul Hafiz Mansour, secretary general of the Special Investigation Commission (anti -money laundering and terrorist financing) - Lebanon
professor Sharif Abdel Razek - Chairman of the Group of commitment and governance - National Bank of Egypt.
Two speakers from the fight against money laundering and terrorist financing - Egypt.
Mr. Mohamed Mansour, general manager and top aide - Commercial Bank - Qatar.
Mr. Mohammad Wasim Araji - Director (PWC PriceWaterHouse) of Lebanon.
Ms. Safaa El - Ashry, director of Commitment - National Bank of Abu Dhabi - Egypt.
Professor Camille Barko, compliance manager at the Bank of Lebanon and the Gulf - Lebanon.
http://www.uabonline.org/en/events/conferences/15781581158316101575157815731580158515751569157515/32017/0
Thus is the subject of anti - money laundering as well as banking shade represent agrowing importance with the expansion of the circle of terror and organizations regionally and internationally, and has become the obligation of international and domestic regulatory systems is a major deterrent to any criminal elements, including money and people wash who want to help, in any way , in acts of terrorism.
Given the importance of these subjects twin regulates the Union of Arab Banks incooperation with the Unit for Combating the Financing of Terrorism of money laundering in the Arab Republic of Egypt and the Federation of Egyptian Banks this forum as part of his quest for the dissemination of culture and knowledge among Arab Bankers generally these risks become worry the world.
Target participants:
heads of units to combat money laundering and terrorist financing in banks and their collaborators key
managers and staff commitment in bank management and their collaborators key
managers and staff audit, risk management and their collaborators key
managers and employees of credit and assistants main
internal audit managers and assistants main
branch managers and assistants principal
This forum aims to provide participants with knowledge depth about:
how to monitor indicators of money laundering and terrorist financing, and the reporting of suspicious transactions.
Developments in the standards and requirements of the Financial Action Task Force (FATF) and Security Council resolutions related to terrorist financing and foreign fighters terrorists.
Due diligence procedures (Enhanced due diligence).
The risk - based methodology on risk management (Risk Based Approach).
Penalties and fines (sanctions & penalties) imposed on non - compliant banks and how todeal with it.
Challenges posed by the phenomenon of risk aversion (De-Risking) and the risks inherited it.
Financial crimes resulting from electronic payments, and payment methodologies modern and risks, and cross-border trade.
National Assessments in the fight against money laundering and terrorist financing ,
banking shadow: its mechanism, effects and risks to the banking system and control them.
Tax evasion and automatic exchange of tax information CRS.
Main topics:
new developments in the fight against money laundering and terrorist financing standards of
penalties and fines on non - compliant banks sanctions & penalties.
Anti - bribery and corruption and the role of banks and financial institutions in this regard.
Approach based on the risk in regulatory compliance.
The phenomenon of risk aversion De-Risking hazards inherited it.
Tax evasion: the automatic exchange of information.
And virtual currency: comparisons of credit cards, the risks and the means of control.
Cybercrime and means of security - the modern trends and hot topics.
Money laundering based on the cross-border trade operations.
Discuss the report of the Financial Stability Board regarding the shadow banking Shadow banking.
Definition of the concept of banking shade and mechanism of action and risks of
the impact of the banking shade on the banking sector , the
Financial Stability Board initiative on banking shade
regulatory tools to deal with the risks of banking shadow is
difficult to measure the activity of these banking under its Sairafi complex
experiments and applied study: Issues faced Arab and regional banks.
Will be speaking at the forum group of experts whom gentlemen:
Mr. Abdul Hafiz Mansour, secretary general of the Special Investigation Commission (anti -money laundering and terrorist financing) - Lebanon
professor Sharif Abdel Razek - Chairman of the Group of commitment and governance - National Bank of Egypt.
Two speakers from the fight against money laundering and terrorist financing - Egypt.
Mr. Mohamed Mansour, general manager and top aide - Commercial Bank - Qatar.
Mr. Mohammad Wasim Araji - Director (PWC PriceWaterHouse) of Lebanon.
Ms. Safaa El - Ashry, director of Commitment - National Bank of Abu Dhabi - Egypt.
Professor Camille Barko, compliance manager at the Bank of Lebanon and the Gulf - Lebanon.
http://www.uabonline.org/en/events/conferences/15781581158316101575157815731580158515751569157515/32017/0