Governance, Risk & Compliance (GRC) in the Corporate Sector

Understanding the Nature of the Compliance Risks Posed by Third-Party Vendors and Service Providers in the Fast Moving Global Compliance Environment.

Doing business with foreign entities in different regions introduces unique risks. These risks have become even more significant in recent years due to the increasing complexity of global financial crime regulations, the growing pressure from regulators and enforcement agencies, and the dramatic increase in applicable international sanctions.

Anti-money laundering and financial crime regulations, both at national and international level, require companies to be aware of the risks associated with their suppliers and other third-party vendors, such as subcontractors, agents, distributors, and vendors. These regulations specifically focus on anti-money laundering (AML), counter-terrorism financing (CTF), and anti-bribery and anti-corruption red flags, which could generate serious reputational risks.

ICC UAE in partnership with Moody’s Analytics Financial Crime Compliance Expert will deliver an awareness seminar on the following topics:

Connecting the Dots Between Governance, Risk, and Compliance (GRC) in the corporate sectors,
Type of Sanctions, Blacklists, and other Watchlists, Requirements and Challenges,
Latest Sanctions Regime updates in context of Shell Companies, Sanctions Evasions & Exposure,
The Blind Spot of Third-Party Risks from an AML/CFT Compliance Perspective.
Trade Finance, Export / Import, and Trade-Based Money Laundering red flags.
Third-Party Risk and Know Your Supplier Compliance Risk Solution Approach & Best Practices,
Compliance in Court – Cases from the Public Domain.

Programme
08:30 - 09:00	Registration and Networking
09:00 - 09:05	Welcome Remarks
09:05 - 09:35	Connecting the Dots Between Governance, Risk, and Compliance (GRC) in the corporate sectors
09:35 - 10:05	Type of Sanctions, Blacklists, and other Watchlists, Requirements and Challenges
10:05 - 10:35	Latest Sanctions Regime updates in context of Shell Companies, Sanctions Evasions & Exposure
10:35 - 11:00	Coffee Break and Networking
11:00 - 11:30	The Blind Spot of Third-Party Risks from an AML/CFT Compliance Perspective
11:30 - 12:00	Trade Finance, Export / Import, and Trade-Based Money Laundering red flags
12:00 - 12:15	Third-Party Risk and Know Your Supplier Compliance Risk Solution Approach & Best Practices
12:15 - 12:45	Compliance in Court – Cases from the Public Domain
12:45 - 13:00	Closing Remarks
13:00 - 14:00	Networking Lunch

Vincent O'Brien

Director

ICC UAE

He has been actively involved in trade finance for more than a quarter of a century and has delivered technical assistance for trade finance in more than 100 countries. Vincent’s primary activity is trade facilitation with the major Multilateral Development Banks and his recognized specialty is trade related dispute resolution where he often acts as Expert Witness in Trade Disputes and Legal Cases.

Vincent also holds the positions of the Associate Director of the Institute of International Banking Law and Practice (IIBLP).

Speakers

Vincent O'Brien

Director

ICC UAE

Speakers

	Vincent O’Brien Director of International Chamber of Commerce UAE


He has been actively involved in trade finance for more than a quarter of a century and has delivered technical assistance for trade finance in more than 100 countries. Vincent’s primary activity is trade facilitation with the major Multilateral Development Banks and his recognized specialty is trade related dispute resolution where he often acts as Expert Witness in Trade Disputes and Legal Cases. Vincent also holds the positions of the Associate Director of the Institute of International Banking Law and Practice (IIBLP).

	Mohamed Daoud Director & Industry Practice Lead Governance, Risk & Compliance, Middle East & India Moody’s Analytics

Mohamed Daoud is a Director and Industry Practice Lead for Moody’s Financial Crime Compliance across the Middle East and India. He is a strategic leader and seasoned professional with over 30 years of experience in the banking, finance, and corporate sectors in the United States, Europe, and the Middle East. He spent the last 20 years of his career assisting and counselling organizations fighting financial crimes in the Middle East and Africa. He brought a unique and innovative perspective to the regulatory/reputation risk in the banking, financial and Insurance sectors as well as in corporate and public sectors (energy, mining, telco, rest-estate, retail and government). Mohamed is a Subject Matter Expert in Anti-Money Laundering (AML), Combatting Financing of Terrorism (CFT), Anti-Bribery and Anti-Corruption (ABC) programs. Through years of working with industry-leading firms, he attained tremendous knowledge of regulations, requirements, processes, Fintech and Regtech solutions, and best practices across all sectors. Mohamed is a prominent public speaker and regularly collaborates through awareness workshops, forums, conferences and webinars on the topics of ethics, corporate governance, financial crime compliance, anti-corruption programs and cultural changes. Throughout his career, he held several executive positions in prominent in the United States, United Kingdom, Europe and the Middle East, across retail, wholesale, and investment banking. After his career in the banking and finance sector, Mohamed held several executive positions in different global providers of high-end technology, intelligence revenue generating data as well as risk and compliance data.

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