Dubai, United Arab Emirates–(Newsfile Corp. – Nov 19, 2022) – The Today’s GRC SummitTaking place at Habtoor Palace Dubai, LXR Hotels & Resorts on Wednesday, November 23, 2022, it will provide companies and individuals with a platform for the exchange of knowledge and information on key issues related to the future of risk management, governance and compliance.
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the Today’s GRC Summit The agenda is set to be the stage for forward-looking discussions on the state and transformation of governance, risk and compliance, which the financial services industry must strive to embrace in order to thrive.
In addition to external factors such as the impact of the COVID-19 pandemic on the financial sector and inflation surges caused by geopolitical factors, the industry has been dealing with issues related to cybersecurity, the evolution of payment gateways, a space for cryptocurrencies, etc. internally.
These factors have further pointed to the emphasis on decision-making and risk and compliance management as critical drivers of progress toward growing and sustaining the industry in an ethical manner.
How will stakeholders revolutionize the ecosystem by navigating through an ever-evolving crypto-economy, ESG risk, regulatory compliance, corporate change management, and fintech outlook, plus external factors that will shape long-term value? term?
the Diary de la Cumbre seeks to open the dialogue and offer solutions to these issues in a holistic way, and in a way that can be adapted as a model for transformation during different panels at the event.
Speaking about the relevance of hosting the Today’s GRC Summit at the time, Mohamed Daoud, Director – Territory Business Development – GRC, Moody’s Analytics said: “Moody’s Analytics Middle-East is pleased to participate in the GRC Today Summit on November 23, 2022 in Dubai. This annual event provides an opportunity to connect with regional compliance communities and raise awareness of effective approaches to combating financial crime.
Recent US and international sectoral sanctions imposed on individuals and entities include beneficial ownership tracing and severely affect KYC and due diligence for corporate clients. To comply with the new sanctions regime, companies must seek ownership and control of the corporate client. This includes vicarious ownership/control which can be difficult to determine without a specific source of data. Identifying such information can be complicated and time consuming if companies lack the proper systems and data. During this event, the Moody’s Analytics team provided state-of-the-art information and guidance on how to implement this directive to keep pace with compliance.”
To reinforce this point, Elias Kokaly, Implementation Strategist, TRM Labs also added: “As the UAE continues to focus on the growing crypto economy, TRM is pleased to participate in the GRC Today Summit to connect with the leading minds in the UAE crypto ecosystem and ensure illicit activities such as fraud and financial crime. .does not hinder the potential of blockchain ecosystems to thrive.”
The GRC Today Summit will host industry leaders including Mohamed Shalo, Director of Communications and Strategic Partnerships, Anti-Money Laundering and Anti-Terrorist Financing Executive Office, Ian Johnston, Executive Director of the Dubai Financial Services Authority ( DFSA), Mohamed Daoud, Director – Territorial Business Development -GRC at Moody’s Analytics, Safeya AlSafi, Director of the Monitoring and Tracing Department of the Anti-Money Laundering Department at the Ministry of Economy (UAE), and Gaurav Dubey, CEO from TDeFi – Crypto Incubator and Advisory, to lead discussions that will dissect the topics.
The summit will also host Bhavin Shah, MD and MEA Director, Forensic Risk Alliance, Peter Smith, Managing Director, Head of Strategy, Policy and Risk, Dubai Financial Services Authority, William G. Rich, Director of Sanctions, Emerging Markets from EMEA, Citibank NA, Bhaskar Dasgupta, Head of Strategic Development – MENA, Apex Group Ltd and Dr. Ryan Lemand, Co-Founder and CEO, Neovision Wealth Management, among other thought leaders.
“Governance is the most critical aspect for the crypto economy to position itself as a future and discussions like these help move the industry forward,” said Gaurav Dubey, CEO, TDeFi – Crypto Incubator and Advisory.
Kalin Metodiev, Co-Founder of CFA and Managing Partner of NEXO, said, “At Nexo, we are delighted to be participating in the GRC Today 2022 Summit, as this year’s event and themes align precisely with what our company has identified as Fundamental needs and challenges for the industry Governance, asset and risk management, and regulatory compliance will only have an increasing impact on the entire digital asset space, evident from developments in crypto during 2022. It is a privilege for me personally to join other panelists and spark discussions, shed light on our efforts and start paving a new path to improve cryptocurrency adoption in coordination with state regulators We strongly believe these events are critical to establishing industry good practice , as it will attract new generations to digital markets and foster trust among crypto adopters current charts”.
the Today’s GRC Summit will take place during a series of interactive sessions, networking breaks and engagements; which would present an opportunity for all stakeholders to get involved in the sphere of governance, risk and compliance, as well as those who wish to learn, grow and compare their practices with the best possible opportunities.
To express interest in attending the event, or to access the full agenda, please visit the Today’s GRC Summit website.
About the organizers – The Wealth Today
wealth today provides a confluence of the latest news, expert insights, opinions, analysis, and a marketing platform for organizations to deliver their message to their customers; promoting best practices and high business standards in the industry. Based in the commercial capital of the UAE – Dubai, wealth today is a communication channel for leaders in the financial, patrimonial and banking scene.
Aiming to deliver maximum value to its audience, the platform is also geared towards creating strong and mutually beneficial relationships with relevant, high-level decision makers to support adherence to best business practices and standards in the region and beyond. there.
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Name: Loredana Matei
Company Name: JENSEN MATTHEWS FZE
Email: [email protected]
Address 1: United Arab Emirates
Address 2: Abu Dhabi
City: Abu Dhabi
Condition: Abu Dhabi
Country: United Arab Emirates
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