The Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) has announced its theme sponsorship for the Abu Dhabi Finance Week (ADFW) ‘Risk 4.0’ programme. The event takes place on 29th November at Abu Dhabi Global Market (ADGM).
Abu Dhabi Finance Week is held this year under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and Chairman of the Executive Council. It is widely acknowledged to be the most influential finance, investment, and economic event in the MENA region.
This year’s edition builds on the success of its inaugural event in 2022, which saw participation from over 8,000 individuals representing more than 100 countries.
The Risk 4.0 programme has been introduced to the 2023 ADFW agenda to focus on the increased financial integrity risks such as money laundering, fraud, corruption, technological vulnerabilities, and regulatory scrutiny. It will be held mostly in the ADGM Auditorium, with several sessions featured on
the main stage.
The agenda will cover some of the most debated issues in anti-money laundering and counter-terrorism financing today.
Panel sessions will feature leading figures from international organisations on the frontline in the fight against financial crime alongside leaders from across the private and governmental sectors.
Hamid AlZaabi, Director-General of the EO AML/CTF, welcomed the sponsorship of the Risk 4.0 programme, and said the platform makes an important contribution to the global debate of the biggest financial integrity risks facing corporates and governments today.
He explained, ‘It gives me great pleasure to announce the EO AML/CTF sponsorship of ADFW Risk 4.0. This year’s theme of ‘Investing in the transition era’ shines a light on the emerging risks posed not only to governments and corporates, but also to the integrity of the global financial system.
ADFW participants will hear from some of the leading figures in industries on the front line in the effort to combat money launderi
ng, fraud, corruption and other crimes that cause damage to our economies and societies. I am particularly pleased that the agenda features experts who have been involved in the UAE’s fight against financial crime, and who will share our experience with partners and stakeholders from around the world.’
Commenting on EO AML/CTF’s sponsorship at Risk 4.0, Emmanuel Givanakis, CEO of the Financial Services Regulatory Authority (FSRA) of ADGM) said, ‘We welcome the Executive Office of Anti-Money Laundering and Counter Terrorism Financing as theme partners of Risk 4.0. Financial integrity is important to promote sound practices in any financial centre.
The measures to prevent financial crime, money laundering and fraud are key to economic growth and stability. ADGM’s commitment to addressing AML and CTF risks aligns with our role as a responsible International Financial Centre and reinforces its dedication to align with international standards and the global financial community. Through ADFW’s strategic platform,
we aim to highlight several topics that address and confer issues and solutions.’
Risk 4.0 will open with a keynote by Hamid AlZaabi on recent developments in the world of financial crimes and the initiatives undertaken by UAE to combat money laundering activities. The agenda includes four panel sessions with thought leaders in their respective fields, in addition to special presentations and fireside chats with Rachel Pether of Fintech TV at Emcee.
Celebrated investigative journalist Dan McCrum will share key takeaways from the Wirecard scandal and draw on his personal experiences to offer analysis on the world of financial fraud.
The EO AML/CTF, ADFW and financial crime consultancy Themis will publish a collaborative whitepaper online assessing the financial crime risk outlook for 2023, and the initiatives taken to mitigate the most concerning issues. The white paper will be presented as part of the agenda by Dickon Johnstone, Founder and CEO of Themis.
Source: Emirates News Agency