World Union of Arab Bankers
The Hub of Arab Bankers...
Webinar (Online Training):
The Changing Landscape of Sanctions Programs
Understanding and Mitigating Compliance Risk
October 6 & 7, 2020 at 3:00 pm till 5:00 pm (Lebanon Time- GMT +3)
In the recent years, many international banks have been fined because of violations of sanctions programs imposed by the United States, the European Union, and others. The consequences of non-compliance have been severe in terms of financial penalties, loss of business, and reputational damage. So, financial crimes regulations and sanctions programs remain a major concern in the international banking landscape, including the MENA region. In order to mitigate this risk, banks around the world have to be extremely vigilant and must take the necessary measures to cope with various sanctions programs requirements. The aim of this webinar is to keep the attendees abreast and knowledgeable of the latest development related to sanctions by providing them valuable insights on various sanctions programs in general, their global applicability, and the key tools for due diligence. The webinar also addresses multiple real case studies and examples.
Arab Banks Awards and Commendations of Excellence
Within the framework and the objectives of the World Union of Arab Bankers to promote the Arab banking and financial industry and the professional scope of Arab banking, the Union launched in 2015 and through its monthly magazine The Banking Executive, the first round of the “Excellence and Achievement Awards” ceremony, which has become an annual event attended by senior bankers and international figures from international and regional institutions.
The Bank of Excellence Awards and Achievement Awards aim to honor Arab personalities and banking institutions that have achieved significant achievements during their career. They have been instrumental in promoting and developing the Arab banking industry, and have formed a remarkable example of outstanding performance and adherence to international standards and legislation, in addition to their active contribution to the promotion of economic development in the Arab world.