- Day 1, Sunday 18th May 2008
- Day 2, Monday 19th May 2008
- Day 3, Tuesday 20th May 2008
- Day 4, Wednesday 21st May 2008
- Day 5, Thursday 22nd May 2008
Featuring keynote addresses from high profile represenatives of leading
international and regional institutions, the symposium will spotlight the
latest policies and frameworks designed to combat economically motivated
serious crime, in particular Money Laundering and Terrorist Financing.
- Mr Peter Antell, Managing Director of IFCCT
- Mr. Stuart Pearce, CEO, Qatar Financial Centre Authority
- Michael Azmi-Loe, CEO, Commercialbank Qatar
- Ms Rachelle Boyle, FATF
- Austin Wiehe, U.S. Treasury Department Attache, (OFAC)
- Dr Muhammad Baasiri, SIC Lebanon and Chairman of US MENA Private Sector Dialogue
- Sheikh Ahmad Eid Al Thani, Head of FIU Qatar
- Mr Philip Thorpe, Chairman and CEO, QFCRA
- Mr. Marc Hambach, Associate Director, Supervision and Head of AML, DFSA
- Compliance, operational risk, security; common approach
- Checks and balances
- Mindset
- Corporate Values, Tone at the top, exemplary behavior
- Structured Management and control approach
- Accountability
- Case Study
- Linking Shareholder Value and Risk Management
- Risk Management “Gone Wrong”
- ORCA and other Risk Management Framework
- Balancing the board’s “Risk Appetite” and “Cost of Controls”
- Animated Risk Management Framework
- “What if Analysis” covering Credit Ratings, WACC, Risk Management...
- Building an initial risk inventory
- The CEO question: “Why do it?”
- Different interpretations between Shariah scholars/institutions
- Possibility of a change of ruling/opinion
Regulatory Risks
- Misunderstanding of obligations under Shariah compliant contracts
- Discriminatory treatment of Islamic financial institutions or creation of a level playing field with conventional institutions
Credit Risk Management
- Leniency towards debtors
- Potential abuse of Islamic Finance from unscrupulous defaulters
operate and how accountability, correct supervision and management,
taking into consideration legal, reputational and other risks, mitigates
exposure to the risks posed by criminal and divisive elements. Participants
will receive intensive training on how to execute, observe and identify
problems. Specifically, the session will highlight the internal threat
posed by staff and and ‘planted’ employees. Such individuals are best
placed to take advantage of any complacency or lax controls and recent
figures reveal that they account for nearly eight out of ten cases of fraud.
Organisations must recognise the warning signs and the factors that drive
and motivate internal financial crime. Participants will learn due diligence
in all areas of employee recruitment and monitoring.
- Complying with Local and International Regulatory Expectations
- Regulatory Issues from a Financial Institutions Perspective
- Vision, Mission, Strategy, policies, procedures and measures and processes
- Corruption Control Measures
- Key Geographical issues when designing a fraud and AML prevention programme
- How to secure Executive Investment for Compliance Priorities
- Using Compliance as a competitive advantage for your organisation
- Governance & Corporate Responsibilities
- Planning & Control Cycle
- Risk & Threat Analysis and Risk Mitigation
- Reasonable measures
Internal Threat
- Business Continuity
- Fraud risk profiling
- The importance of measuring risk
- Politically Exposed Persons (PEP’s)
- Vulnerable areas of business
- Vulnerable times - economic factors/Factors affecting staff
- Bonuses and incentives
- Welfare and personal triggers
- Corruption and bribery
- Compliance: Identifying the risk
- Role of human resources - first line of defence
- Pre-Employment Screening
- Interview techniques
- Psychometric screening
- Communication and welfare
- Training & Awareness
The Elements of Personnel Security
- Screening
- Security Clearances
- Supervision
Case Study - Prevention Measures and Deterrence
- Whistle Blowing and Reporting Structures
- Employee monitoring
- How to assess the integrity of staff - KYE
- Collective responsibility
- Developing an anti-fraud culture
- Setting realistic forecasts and targets
- The 2-person Principle
- Maintaining integrity and moral standards through ongoing training
Integrity Case Studies
or computer crime in the workplace and the many legal pitfalls that
can entrap the unwary when gathering evidence. The initial actions
taken by those at the scene of computer misuse largely determine
the success or failure of the ensuing investigation. This reinforces
the necessity to train “first responders” in the immediate steps that
must be taken to preserve evidence and ensure its admissibility. The
programme emphasises proven and practical solutions to a variety of
technical emergencies and demonstrates current “best practice” for
computer crime incident response. Emphasis is placed on interactive,
realistic training where attendees, working in teams, are required to
investigate a number of cases that are based on real incidents.
An overview of the risks and the mechanics of:
- Computer fraud
- System sabotage, extortion, e-crime and misuse including case studies
Incident Response Methodology:
- Chain of command and coordination
- Operational and Data security
- Audit and Test
- Liaising with external agencies
- The computer forensic response team
- Secure exit procedures when employees are suspended or dismissed
Investigation Methodology:
An overview of the Process and Procedure:
- The Initial Circumstances
- Investigation Process
- The Successful Investigation
- Covert Investigations
- How to handle, collate, store and present admissible computer evidence
- Presenting technical evidence in a courtroom, inquiry or at a tribunal
An overview of Tools and Techniques:
- Forensic Data Recovery
- Data Investigation Methods
- Electronic Evidence Presentation
ISO 27001 - International Standards of Information Security Management
Computer Evidence
- The Latest Techniques
- Computer Crime Trends
International Legislation and Requirements – Patriot Act
Regulatory Expectations and International best practise – Offshore/Onshore
International Legislation v.s. Domestic Culture
How to structure an effective KYC programme beyond Basel
Enhanced Due Diligence
- Practicalities of dealing with PEPs + High net worth individuals
How to detect false identities – Effective use of watchlists
Wolfsburg Recommendations and their practical application
Trade Based Money laundering and Fraud
Real Estate
Tax Evasion and the Money Laundering Relationship
Hawala and Underground Banking
E-Banking
Dealing with ML in Predominantly Cash Based Economies
- Accessing the structure of Cell networks from a Global Perspective
- Money transfers, remittance & corresponding banking
- Transaction Monitoring, governance & responsibilities
- What to do when the supervisors / investigators step in?
- Supervisory approach to financial crime
- Proving your cases, demonstrating adequate (reasonable) measures, consent implementation
- Are our policies Effective?
- Does it work, Can we cope?
- Crisis management team
- Corporate response
- Secure assets
- Manage Internal and external communication plans
- Secure Evidence
- Solvency
- Reputation/PR
- Separate organisation and employee
- Regulators
- Shareholders
- Insurers
- Police
to use. Dedicated breakout sessions are planned to allow discussion on
findings and outcomes with the experts. Participants will depart with
not only an improved understanding of the organisational threats, but
with solid strategies and practical direction to help deal with them
New Threats - New Opportunities
Followed by Question and Answer Discussion
The Group Divides:
Group 1 - Enforcement/Supervision
Group 2 - Private sector/Prevention
Group 1 - Middle East Supervision Roundtable
Cross-border cooperation and regulatory assistance
Group 2 - How to detect PEPs & KYC intelligence
Group 1 – Ensuring an Effective Legal Framework
- Enforcement and Sanctions
Group 2
Part 1 – Best Practises in Self Induced and Regulatory Induced Investigations
Part 2 – Evidence Preparation and Ensuring Successful Prosecution.
The Inter-relationship between Regulators and Financial Institutions
- How can government and financial organisations work most effectively to ensure the enhancement of the regulatory reputation in the region.
- Effective Exchange of Information
- How do we go from opinions to a single point of view?
- Recommendations for Regulators, Prosecutors, Financial Institutions, FIUs
