ACAMS MENA Conference

Grudzień 5 - Grudzień 6, 2022
Abu Dhabi
15 ACAMS credits

    Resilience and Reinvention: Mastering MENA’s AML Challenges

    For MENA AML and AFC professionals, 2022 presented an unprecedented series of issues and challenges -- and those complexities appear certain to grow as we head into 2023. From volatility in cryptocurrency markets to sweeping changes in sanctions regimes following the onset of the Russia-Ukraine conflict to the unstoppable rise of advanced AML technologies, clearly compliance is being reinvented in rapid fashion. 

     

    As a result, AML practitioners must reinvent themselves as well, making the ACAMS 13th Annual AML and Anti-Financial Crime Conference – MENA an essential and invaluable resource for continuing professional development. On Dec. 5-6, the Conrad Abu Dhabi Etihad Towers will host MENA’s vital and growing AFC community, drawing attendees from – and leaders of – top regulatory agencies, major financial service firms and cutting-edge innovators from FinTech, crypto and IT.

     

    With content specifically addressing MENA’s most pressing issues, this live conference highlights the problems – and solutions – of special relevance to this vibrant region.

    MENA Conference by the Numbers

    230+

    Expected Attendees

    40+

    Expert Speakers

    15

    ACAMS Credits*

    2

    Days of Training and Networking

    *ACAMS members can receive up to 15 ACAMS credits for attending this event; 11 credits for the main conference, 4 credits for the post-conference workshop.

    Top Sessions

    Managing Mounting Sanctions Risks: Strategies for MENA Compliance Professionals

    On Highest Authority: Insights on Oversight —
    A MENA Regulatory Roundtable

    Managing the Risks of the Age of Innovation: Blockchain, Cryptos and FinTech

    Program

    07.45 – 17.35

    Registration Desk Open

    07.45 – 17.35

    Exhibit Hall Open

    07.45 – 08.45

    Networking Continental Breakfast in Exhibit Hall

    GENERAL SESSIONS

    08:45 – 09.00

    Welcome Remarks

    Scott Liles, Chief Executive Officer, ACAMS

    09.00 – 09.30

    Keynote Address with Q&A

    Moderator:

    Kieran Beer, CAMS, Chief Analyst, Director of Editorial Content, ACAMS

    09.30 – 10.45

    On Highest Authority: Insights on Oversight — A MENA Regulatory Roundtable

    • Assessing recent trends including ADGM crypto exchange licensing, UAE Pass and FinTech growth to outline evolving regulatory frameworks
    • Discussing emerging blockchain-based decentralized innovations like NFTs, the metaverse and Web3 to identify regulatory challenges
    • Reviewing progress in facilitating AML investigations and addressing mutual legal assistance requests related to FATF’s increased monitoring decision

    Moderator:

    Kieran Beer, CAMS, Chief Analyst, Director of Editorial Content, ACAMS

    Presenters:

    Amira Ahmad, CAMS, Chairwoman of the Supervisory Authorities Sub-Committee in the UAE, Senior Manager, AML and CFT, Central Bank of the UAE 

    Mohammed Al-Najem, Head, Compliance Examination – Banks, Central Bank of Bahrain 

    Michael Larter, Director, Financial and Cyber Crime Prevention, Abu Dhabi Global Market (ADGM)  

    10.45 – 11.15

    Networking and Refreshment Break in Exhibit Hall

    CONCURRENT SESSIONS

    11.15 – 12.15

    Managing the Risks of the Age of Innovation: Blockchain, Cryptos and FinTech

    • Analyzing financial crime risks of crypto including ransomware, dark web markets and terrorist financing to identify defenses such as alert response plans and blockchain forensics
    • Helping FinTech clients mitigate risks associated with pseudonymous clients and high-speed transactions with AML formal policies, dedicated staff, internal training and other controls
    • Exploring blockchain-driven innovations like DeFi, metaverses and NFTs to identify fraud risks and transactions conducted without intermediary oversight

    Moderator:

    Joby Carpenter, Global SME – Cryptoassets and Illicit Finance, ACAMS

    Presenters:

    Neil Jarman, CAMS, CAMS Audit, Financial Services Internal Auditor

    Solandia Jurdi, Head of Compliance and AML, LYOPAY 

    Michael Larter, Director, Financial and Cyber Crime Prevention, Abu Dhabi Global Market (ADGM)  

    11.15 – 12.15

    Spotlight on DNFBPs: Strategies to Fortify AML/CTF in the MENA Region

    • Reviewing regulation including UAE’s circular on DNFBPs to strengthen oversight in real estate, precious metals sales and other industries and increase STR submissions
    • Analyzing potential AML issues of professionals such as lawyers and accountants to mitigate use of false identities, illicit fund transfers and abuses of shell firms
    • Maintaining robust AML at DNFBPs with regular internal risk assessments and rigorous CDD to meet expectations of regulators and banking partners

    Moderator:

    Osama Al Rahma, Head of Business Development, Emirates Investment Bank

    Presenter:

    Amna Almahri, General Director, UAE Accountants and Auditors Association 

    Safeya Hashim AlSafi, Director of the Anti-Money Laundering Department, UAE Ministry of Economy

    Angeli Pereira, Associate Director, AML/CFT Supervision, Qatar Financial Centre Regulatory Authority (QFCRA) 

    12.15 – 13.30

    Networking Lunch

    CONCURRENT SESSIONS

    13:30 – 14:30

    A Clean Fight: Strategies to Combat Trade-Based Money Laundering in the MENA Region

    • Outlining common TBML typologies such as free zone abuses and covert commodities trading to identify best practices in AML and KYC/CDD processes
    • Assessing institutional TBML risk related to geographic footprint, business lines and third-party exposure to detect and correct deficiencies
    • Automating trade finance controls with AI-led systems to detect red flags including invoice anomalies, unusual shipping routes and overly complex corporate structures

    Moderator:

    George Voloshin, CAMS, CGSS, Global SME, Anti-financial Crime, ACAMS

    Presenters:

    Shawki Ahwash, Head of AML/CFT and Sanctions Division, North Africa Commercial Bank

    Lara Murad, Financial Attaché, UAE and Oman, U.S. Department of the Treasury

    13:30 – 14:30

    KNOWLEDGE SESSION Presented by Thomson Reuters

    Compliance in the Post-Pandemic Era

    • Understanding the compliance challenges facing organizations since the pandemic onset 
    • Reacting and staying ahead of compliance challenges in this new age 
    • Shaping your organization to understand ESG paradigms

    Moderator:

    Hamed Halawani, Head of Risk Specialists – Middle East and Africa, Thomson Reuters

    Presenters:

    Abi-gail Marshman, Senior Managing Director, FTI Consulting

    Zarik Nawaz, Managing Director, FTI Consulting

    Mark Nuttall, CAMS, Special Services Director, Thomson Reuters 

    14.30 – 15.00

    Networking and Refreshment Break in Exhibit Hall

    GENERAL SESSIONS

    15:00 – 16:00

    Managing Mounting Sanctions Risks: Strategies for MENA Compliance Professionals

    • Updating latest EU, UK, UN and US sanctions to assess risks for MENA operations, including identification of higher risk client bases, business lines and key areas of vulnerability
    • Analyzing global economic trends and threats, including ransomware risks, supply chain disruptions and illicit transactions involving crypto assets
    • Assessing global efforts to prevent sanctions evasion, including multilateral task force initiatives and their implications for identifying hidden wealth and closing loopholes

    Moderator:

    Dr Justine Walker, Global Head of Sanctions, Compliance and Risk, ACAMS

    Presenters:

    Ahmed Al Falasi, Head of Targeted Financial Sanctions, Executive Office for Control and Non-Proliferation (EOCN)

    Sameena Ali, CAMS, Associate Director, Sanctions Compliance - Africa and Middle East (AME), Financial Crime Compliance, Standard Chartered Bank 

    Sumit Sarkar, Senior Vice President, Head of Sanctions Compliance, Mashreq Bank

    16:00 – 16:30

    Fireside Chat: Web.3 and its Intersection with Financial Crime Risk Management

    The rise of blockchain technology, crypto assets and NFTs has laid the groundwork for Web.3, the next generation of Web technologies. This fireside chat will consider the implications of Web.3 for the future of the internet in terms of its growth, compatibility, decentralised implementation of user-generated content, and tokenisation. In the course of highlighting Web.3's impact on financial institutions and law enforcement agencies, this fireside chat will also focus on its finance, gaming, social media and criminal investigation implications.

    Moderator:

    Joby Carpenter, Global SME – Cryptoassets and Illicit Finance, ACAMS

     

    Presenter:

    Simon O'Brien, Executive Director – Markets, Financial Services Regulatory Authority (ADGM)

    16.30 – 16.35

    Closing Remarks

    16.35 – 17.35

    Networking Reception

    08.00 – 15:20

    Registration Desk Open

    08.00 – 15.20

    Exhibit Area Open

    08.00 – 09.00

    Networking Continental Breakfast in Exhibit Area

    GENERAL SESSIONS

    09.00 – 09.35

    Opening Remarks and Keynote Address with Q&A

    Moderator:

    Rick McDonell, Former Executive Secretary, Financial Action Task Force (FATF), Executive Director, ACAMS

    09.35 – 10.50

    Executive Views: An Industry Roundtable on Managing AML’s Pressing Issues

    • Analyzing shell firm abuses, DeFi and obscured beneficial owners to detail best practices for detecting and disrupting illicit activities
    • Surveying emerging innovation like FinTech and crypto to identify growing AML risks, develop institutional responses and modify controls as warranted
    • Upgrading legacy oversight models with tools AI/machine learning and formal alert resolution protocols to enhance AML effectiveness and the culture of compliance

    Moderator:

    Shilpa Arora, Senior Director - Anti-Financial Crime Portfolio Solutions, ACAMS

    Presenters:

    Rasha Mortada, Group Chief Compliance Officer, Abu Dhabi Commercial Bank

    Bethuel Nsibande, Global Head of AML/CTF, Qatar National Bank

    Eduardo Rangel, Managing Director, Global Head of Compliance, Abu Dhabi Islamic Bank

    10.50 – 11.20

    Networking and Refreshment Break in Exhibit Hall

    CONCURRENT SESSIONS

    11.20 – 12.20

    Tech Talk: Increasing AML Effectiveness With AI, Machine Learning and Digitalization

    • Assessing legacy AML systems to identify inefficiencies including labor-intensive manual processes and mapping strategic plan for boosting effectiveness with automated systems
    • Delineating distinct technologies like artificial intelligence and machine learning to determine suitability for meeting specific risk management objectives
    • Integrating automated systems with existing AML controls to streamline oversight, reduce false positives and generate quality data that sharpens risk analysis accuracy

    Moderator:

    Christos Christou, Group Chief Compliance Officer, Lulu Financial Holdings Limited

    Presenters:

    Osama Al Rahma, Head Of Business Development, Emirates Investment Bank

    Georgina Duffy, CAMS, CGSS, CAFCA, Compliance Officer and MLRO, Hubpay 

    Adam McLaughlin, Global head of AML Strategy, NICE Actimize   

    11.20 – 12.20

    Banking on Correspondent Banking: Strategies to Overcome the Challenges

    • Charting impact of developments like increased FATF monitoring and the AMLA 2020’s directive to close correspondent accounts of institutions failing to comply with US subpoenas
    • Addressing obstacles in obtaining correspondent services such as outdated data analysis systems to meet correspondent banks’ risk management standards
    • Working with existing correspondent partners on risk assessments and staff training to strengthen relationships and constructively resolve potential conflicts

    Moderator:

    Rick McDonell, Former Executive Secretary, Financial Action Task Force (FATF), Executive Director, ACAMS

    Presenter:

    Shawki Ahwash, Head of AML/CFT and Sanctions Division, North Africa Commercial Bank

    Amel Soussi, CAMS, Head of Compliance and MLRO, Bank ABC 

    12.20 – 13.35

    Networking Lunch

    CONCURRENT SESSIONS

    13.35 – 14.35

    Enhanced Due Diligence: A Tool for Revealing PEPs, UBOs and High-Risk Entities

    • Identifying entities whose profiles merit EDD reviews based on factors like high-risk domiciles, unverified or complex ownership and relationships warranting PEP screening
    • Developing risk-based EDD evaluation processes utilizing comprehensive transaction analysis, negative news searches, site visits and third-party data
    • Assembling intelligence to drive onboarding or account exiting decisions and to craft guidance on issues such as review triggering events and ongoing monitoring

    Moderator:

    George Voloshin, CAMS, CGSS, Global SME, Anti-financial Crime, ACAMS

    Presenters:

    Deepa Chandrasekhar, Senior Vice President, Chief Compliance Officer and MLRO, United Gulf Bank 

    Sarah Tariq, Specialist Advisor for AFC and Compliance, Deutsche Bank

    13.35 – 14.35

    KNOWLEDGE SESSION Presented by Moody’s Analytics

    Fighting Financial Crime with AI and Machine Learning

    • Reducing the staggering volume of false positives to enable onboarding automation
    • Deploying KYC life cycle digitalization and workflow – trends and challenges
    • Detecting, monitoring, and investigating financial crime using AI and machine learning

    Presenter:

    Mohamed Daoud, Director Territory/Business Development Governance, Risk and Compliance, Moody's Analytics

    14.35 – 15.05

    Networking and Refreshment Break in Exhibit Hall

    GENERAL SESSIONS

    15.05 – 16.05

    Joining Forces: Utilizing Public-Private Partnerships to Enhance AML/CTF Effectiveness

    • Outlining client data and financial intelligence synergies between the law enforcement and financial sector to leverage resources and strengthen investigations
    • Developing PPP governance models for data protection, client privacy and communication protocols to establish mutual trust and operating efficiencies
    • Conducting post investigation reviews to assess collaboration, identify and address issues requiring attention, and develop best practices for PPPs going forward

    Moderator:

    Dr Justine Walker, Global Head of Sanctions, Compliance and Risk, ACAMS

    Presenters:

    Lori Baker, VP Legal and Director of Data Protection, Dubai International Financial Centre (DIFC) 

    Collin D Lobo, Chief Compliance Officer and Head of Financial Crime Compliance MENAT, HSBC

    Rebecca A Peters, Regional Attaché, U.S. Department of Homeland Security 

    16.05 – 16.10

    Closing Remarks

    09.00 – 13:00

    Workshop: Mastering Suspicious Activity Reporting

    Information sharing is key to all anti-financial crime efforts and suspicious activity or transaction reports are often the fundamental first step in enabling law enforcement to identify illicit funds and catch criminals. This workshop will detail best practices for reporting suspicious activity, from its discovery to dealing with follow-up law enforcement queries, to effectively enable compliance professionals and law enforcement officials to together fight crime.

    The workshop will also cover:

    • Fulfilling obligations for reporting suspicious activity to fight financial crime
    • Navigating data sharing and reporting suspicious activity across jurisdictions
    • Writing an effective suspicious activity narrative for law enforcement
    • Managing a case file on an account after filing and relations with law enforcement

    Speakers & Task Force

    Pricing

    Prices are subject to local taxes.

     

    Registration for the 'Mastering Suspicious Activity Reporting (Workshop Only)' taking place on December 8, 2022 does not include a conference registration.

     

    ACAMS 13th Annual AML & Anti-Financial Crime Conference – MENA Package
    From
    1 795,00 USD
    1 234 567 890,00 USD
    Mastering Suspicious Activity Reporting (Workshop Only)
    550,00 USD
    Early Bird Prices

    Please log in to view entitled rates for members/non-members from the public or private sectors. Prices displayed include early bird discounts and are only available for a limited time. See pricing schedule below for upcoming rates.

    Special Pricing

    Special pricing may be available for Enterprise members and groups of 3 or more. Please contact emea@acams.org for further details.

     

    Click here to read the ACAMS MENA Conference Health and Safety Guidelines.

    Pricing Schedule

     

     
    Member
    Non-Member

    Private Sector Main Conference plus Mastering Suspicious Activity
    Reporting Workshop when purchased by October 6, 2022

    US$1,795 US$1,895

    Private Sector Main Conference plus Mastering Suspicious Activity
    Reporting Workshop when purchased after October 6, 2022

    US$2,095 US$2,195

    Public Sector Main Conference plus Mastering Suspicious Activity
    Reporting Workshop when purchased by October 6, 2022

    US$1,495 US$1,595

    Public Sector Main Conference plus Mastering Suspicious Activity
    Reporting Workshop when purchased after October 6, 2022

    US$1,695 US$1,795

    Mastering Suspicious Activity Reporting Workshop Standalone

    US$450 US$550

    Venue

    Conrad Abu Dhabi Etihad Towers 
    Corniche Rd - Al Bateen  
    Abu Dhabi, United Arab Emirates  
     

    Conrad Abu Dhabi Etihad Towers

    Sponsors & Exhibitors

    Diamond Sponsor

    Knowledge Sessions Sponsor

     

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    Sponsor or exhibit at the ACAMS AML Conference and gain access to C-level executives and key decision makers from across the globe.

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