contents

asia
 

OIB Compliance Head Speaks at Federal Reserve Bank Conference

Oman International Bank (OIB) Assistant General Manager and Head of Compliance, ‎Mr. Hany Abou-El-Fotouh has delivered a presentation at "The Second U.S.- Middle ‎East & North Africa Private Sector Dialogue (US-MENA PSD) Conference on Anti-‎Money Laundering and Counter Terrorist Financing (AML/CFT)" held December 11-13 ‎in New York City hosted by The Federal Reserve Bank.‎

The conference is a direct dialogue between the banking sectors in the U.S. and ‎MENA region with the objective to raise awareness of terrorist financing and ‎money laundering risks, facilitate a better understanding of effective practices ‎and programs to combat such risks, and strengthen implementation of effective ‎anti-money laundering/counter-terrorist financing controls.

The Federal Reserve Bank of New York has hosted this conference in coordination ‎with the Union of Arab Banks, the Middle East/North Africa Financial Action Task ‎Force (MENA-FATF), and with the support of the American Bankers Association, the ‎Arab Bankers Association of North America, and the U.S. Department of the ‎Treasury.

The event invited a diversified mix of speakers including central bank governors ‎and vice governors, senior policy makers and regulators, in addition to several ‎chairmen of Arab banks and senior American officials. The participants provided ‎insights into the latest developments related to AML/CFT issues.



write your comments about the article :: 2006 Exhibition News :: home page