Title: Experts Gather at Four Seasons, Nile Plaza Hotel in Cairo for Groundbreaking Financial Crime Conference
June 9, 2023 - Cairo, Egypt
In a significant stride towards addressing financial crime and enhancing compliance measures, industry leaders and experts came together at the Four Seasons, Nile Plaza Hotel in Cairo for the Egypt Anti-Money Laundering Banking Seminar on Thursday, June 9, 2023. This marked a crucial event with hundreds of attendees, including financiers, regulatory bodies, and technology experts. The gathering aimed to explore the latest advancements in Global Sanctions, Public-Private Partnerships, and Technology & Digitization within the financial sector.
Session 1: Global Sanctions - Navigating the Ever-Changing Regulatory Landscape
The morning session was chaired by Vanessa Chamoun, moderated by Mrs. Vanessa Chamoun, and featured expert panelists: Mohammad Afifi, Ihab El Masry, Hazem Emira, and Hafez Aboul Azm. The session discussed intricacies of Global Sanctions and financial institutions’ proactive and reactive responses to geopolitical situations like the Ukraine-Russia conflict.
- Latest US Executive Orders and sanctions on Russia and related entities and their implications on financial institutions worldwide
- Navigating regulatory landscape in the context of global sanctions
- Best practices for implementing sanctions and responding to regulatory inquiries
Session 2: Public-Private Partnerships - Building a Collaborative Environment
The afternoon session was moderated by Mr. Vishal Relhan. The panel, consisting of Abdelsattar ElNajjar, Bushra Al Haddad, and Dr. Sameh El Torgoman, delved into the opportunities for collaboration between regulatory bodies, banks, and financial intelligence units (FIUs) and the challenges posed by privacy and data protection concerns.
- Opportunities for collaboration between regulatory bodies, banks, and FIUs
- Addressing privacy and data protection concerns
- Case studies: Successful public-private partnerships in the financial sector
Session 3: Technology & Digitization - A Game Changer in Financial Crime Prevention
The final session was chaired by Mr. Mohab Koura and featured a panel consisting of Jamal Dweik, Amr El Khouly, and Abeer Ezzat. This session explored the impact of technology on compliance workflows and the digital onboarding and electronic know-your-customer (E-KYC) efforts by governments and banks.
- Improving financial crime prevention using technology
- Advancements in digital onboarding and electronic KYC efforts
- Potential improvements in customer experience and financial inclusion
Other Speakers:
- Vishal Relhan, Sales Director: Customer, Third Party Risk & Risk Managed Services, Refinitiv
- Abdelsattar Elnajjar, D. General Manager, Central Bank of Egypt
- Mohab Koura, Regional Business Director: Egypt & North Africa, Refinitiv
- Jamal Dweik, Director, Banking Digital Transformation, Pio-Tech
- Vikas Jain, Director: Account Management (MEA), London Stock Exchange Group
- Hafez Aboul Azm, Compliance Head, Banque du Caire
- Vanessa Chamoun, Regional Risk Specialist, Refinitiv
- Gautam Jain, Head of Account Management, RCC MEA, London Stock Exchange Group
- Dr. Sameh El Torgoman, CEO, Evolve Holding.
This all-encompassing seminar provided an excellent platform for open dialogue, knowledge sharing, and networking opportunities among industry experts. Registration to this event is closed.