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Monday, 26th November 2007

08:15	Registration and Refreshments

09:00	Welcome from FT

09:05	OPENING REMARKS BY THE CHAIRMAN The extent of financial crime, globally and in the Middle East. Regional solutions to fraud, insider dealing, rogue trading, market abuse, money laundering and terrorist financing. Some recent initiatives in the Middle East by: - The Middle East-North Africa FATF (MENA FATF); - Government, regulators, law enforcement agencies and financial institutions in Dubai and the UAE. Michael Imeson, Contributing Editor, THE BANKER

09:20	THE REGIONAL DIMENSION: MEASURES TO COMBAT MONEY LAUNDERING AND OTHER FINANCIAL CRIMES IN THE MIDDLE EAST The growth of financial centres in the Middle East: Dubai, Bahrain, Qatar, Saudi Arabia. The remit of MENA FATF: measures to combat money laundering and terrorist financing. Co-ordinating AML efforts across the region. Some AML prevention, detection and enforcement case studies. Adel Al-Qulish, Executive Secretary, MIDDLE EAST-NORTH AFRICA FINANCIAL ACTION TASK FORCE

09:50	THE LOCAL DIMENSION: KNOWING WHO'S WHO National identity cards: their many benefits, including how they can help in the fight against financial crime. Setting up a national ID card programme in the UAE: the objectives of the Emirates Identity Authority. Progress to date. Rashad Al-Oraimi, IT Security Officer and Acting Head of IT Operations, EMIRATES IDENTITY AUTHORITY

10:25	FRAUD DETECTION AND PREVENTION The problem of fraud: internal (staff) and external. Specific challenges: eg identity fraud; internet fraud. Employing effective strategies, processes and technology to combat fraud. Hisham Hammoud, VP Fraud Risk Management, Middle East, CITI

11:05	REFRESHMENTS BREAK

11:25	PANEL SESSION: A COLLABORATIVE APPROACH TO FIGHTING CRIME Working together: how financial institutions, regulators, law enforcement agencies and legislators co-operate to maximise results. The importance data sharing. Joint operations case studies from the region Moderator: Michael Imeson, Contributing Editor, THE BANKER Panellists: Muna Farid, Managing Director, Legal and Compliance, DUBAI INTERNATIONAL FINANCIAL EXCHANGE Ashok Kumar Anjan, Head of Compliance, BANKMUSCAT Andrew Moloney, Director, Financial Services, EMEA, RSA Hisham Hammoud, VP Fraud Risk Management, Middle East, CITI Nasser Paracha, Head of Compliance and Bank MLRO, Mashreq Bank

12:15	THE ROLE OF TECHNOLOGY IT as an effective tool in combating financial crime. Protecting your data: data is a major corporate asset, but if compromised it can be a big liability. Case studies. Andrew Moloney, Director, Financial Services, EMEA, RSA

12:55	MORNING SESSION SUMMING UP BY THE CHAIRMAN

13:00	LUNCH

14:00	A REGULATORY PERSPECTIVE: FINANCIAL REGULATION IN DUBAI Financial regulation in Dubai: onshore and offshore, and the relevant regulatory authorities. Regulating the Dubai International Financial Centre. Focus on financial crime: prevention, detection, enforcement. Enlisting the support of, and engaging with, financial institutions. Stephen Glynn, Director, Head of Enforcement, DUBAI FINANCIAL SERVICES AUTHORITY

14:30	USING GOOD GOVERNANCE TO FIGHT ECONOMIC CRIME Governance and economic crime. Governance, risk and compliance. Risk policies. Compliance policies. Code of ethics. Tania Fabiani, Director, Forensic and Dispute Services, Middle East Region

15:00	SECURITY AND FRAUD: TACKLING TWIN THREATS IN TANDEM The HSBC approach to dealing with criminal and terrorist threats in the Middle East. The nature and scope of the threats. HSBC’s current case load and how it is being dealt with. Jonathan Campbell-James, Regional Head of Security & Fraud Risk Middle East, HSBC BANK MIDDLE EAST

15:25	REFRESHMENTS BREAK

15:45	SANCTIONS and EMBARGOES - SIMPLICITY and COMPLEXITIES OF COMPLIANCE Background and how it affects the financial sector How to get it right and the cost of getting it wrong The increasingly intertwined scope of Sanctions and Terrorist Financing Promoting safe and sound practice within your organization Bashir A. Al-Nakib, Head of Compliance, Lebanese Canadian Bank, SAL

16:15	FOCUS ON MONEY LAUNDERING: PRIVATE BANKING How the explosion of personal wealth and changes in the region have led to a boom in private banking and wealth management. The associated risks of private banking and investment accounts being used to launder money. Some recent cases of money laundering. How do you implement effective anti-money laundering measures that meet the bank’s and the regulators’ objectives, while causing minimum inconvenience for clients? John Garrett, General Manager – Chief Audit and Compliance Officer, NATIONAL BANK OF ABU DHABI

16:45	CONCLUDING REMARKS BY THE CHAIRMAN

16:50	COCKTAIL RECEPTION