MENA Regulatory Update: FATF Mutual Evaluations, Ongoing Compliance Expectations
Moderator: Imad Habre | Speakers: Shawki Ahwash and Liat Shetret
About this talk
Keeping up with regulatory changes as well as the ever-growing sophistication of money launderers and funders of terrorism is critical for financial institutions everywhere, no less in the Middle East and North Africa region. This webinar previews changes arising out of recent developments in the region with an emphasis on presenting concrete strategies for retooling existing compliance infrastructure and beefing up current compliance functions that are required to meet evolving regulatory expectations.
•Identifying MENA regulatory initiatives, directives and trends to proactively develop and implement strategies for compliance and mitigating financial crime
•Examining how precious metals and stones from West Africa, especially diamonds, are used to launder the proceeds of crime
•Reviewing FATF’s Mutual Evaluations findings and recommendations to identify your financial institution’s risks and how they can be addressed while meeting the needs of business lines