SADER CLO, Attorney Rany Sader participated in a panel discussion on “Regulatory Technology Solutions and its role in combating financial crime” at the “Sanctions Risks & Dealing with AML Issues” forum organized by the Union of Arab Banks.
The event took place on the 18 and 19 December 2020 at the Movenpick Hotel-Beirut, having as objective to provide attendees with the necessary tools and insights on how to design an enterprise-wide financial crime compliance framework as well as a resilient sanctions program in line with best practices and international standards. The panel featured a special line up of seasoned compliance speakers and experienced bankers from across the MENA region who shared their thoughts on emerging AML/CFT and sanctions risks and most importantly, how to align an institution’s compliance program with the risk appetite, product sophistication, and geographic footprint of that institution.
Topics which were tackled:
1- Respondent and correspondent relationship
2- Sanctions governance and enforcement
3- Asset freezing and investigations
4- Sanctions due diligence,
5- Sanctions evasion techniques,
