Financial Crime World

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Enhancing Compliance Standards in Egypt

A new initiative aimed at boosting compliance standards in Egypt has been launched, offering Certified Compliance Officer (CCO) training to employees across the country. The International Association of Bookkeepers and Financial Managers (IABFM) has partnered with Developers for Training and Consultancy to provide this specialized training.

About IABFM

The IABFM is a rapidly growing professional association that hosts and organizes certification training globally, boasting over 200,000 members from 145 countries worldwide. Its CCO designation is highly regarded, and candidates must meet the highest standards and assessment criteria to earn this prestigious title.

Expertise and Recognition

IABFM’s expertise has been sought after by various governments and financial institutions worldwide, including:

  • Internal Revenue Service
  • Greek Ministry of Finance
  • Chinese Government
  • Capital Markets Authority of Saudi Arabia
  • Dubai Stock Exchange (Dubai Financial Market)
  • Singapore Government
  • Qatar Financial Center
  • Central Bank of Oman

CCO Training Program

The one-day session on compliance in Egypt covers essential areas, including:

  • Compliance and corporate governance
  • Business ethics
  • Fraud and corruption control
  • International money-laundering
  • Developing a corporate compliance program
  • Integration or independence of the compliance function

Benefits of the Training

Developers for Training and Consultancy is fully licensed by IABFM to ensure that trainees receive the best possible training experience. This timely initiative aims to equip employees with the skills and knowledge needed to navigate complex regulatory environments and maintain a strong ethical culture within their organizations.

Impact on Egypt’s Business Landscape

This initiative is expected to have a significant impact on Egypt’s business landscape, enhancing corporate governance practices and promoting a culture of transparency and accountability. With IABFM’s expertise and Developers for Training and Consultancy’s local knowledge, this training program promises to be an invaluable resource for employees across the country.