The 9th GCCRegulators Summit

26th - 27th January 2015
St Regis Hotel, Saadiyat,
Abu Dhabi

The Middle East’s largest regulatory summit
for Governance, Risk and Compliance professionals

Register for the event

  • NBAD
  • Deloitte
  • Mashreq
  • Misys
  • CCL
  • ICSA
  • Holt
  • Wavetec
  • Barclay Simpson

Pre Summit Welcome Dinner | January 25, 2015
(Courtesy of Emirates Securities and Commodities Authority)

19:30 | Gala Dinner - Exclusive to regulators and summit speakers (by invitation only)

Download Program

Programme | Day One | January 26, 2015

  • 08:00 - 09:00 Registration & networking
  • 09:00 - 09:10 Welcome speech Nadim Najjar, Managing Director MENA, Thomson Reuters
  • 09:10 - 09:20 Key note opening speech H.E. Sultan bin Saeed Al Mansouri, the UAE Minister of Economy
  • 09:20 - 09:30 Key note speech H.E. Ahmed Ali Al Sayegh, Chairman, Abu Dhabi Global Market
  • 09:30 - 09:37 Key note speech The Right Honourable the Lord Mayor of the City of London, Alderman Alan Yarrow
  • 09:37 - 10:37 Emergent regulatory trends • Regulatory updates on GCC markets
    • International regulatory trends and their effect on GCC markets
    • Regulatory cooperation at the GCC level/cross-border: Towards more harmonisation
    • Consumer regulatory efforts

    • H.E. Abdulaziz Al-Helaissi, Deputy Governor, Supervision, Saudi Arabian Monetary Agency
    • Mr. Jean-Marc Goy, Counsel for International Affairs at the Commission de Surveillance du Secteur
        Financier (CSSF), Luxembourg Supervisory Authority
    • Dr. Ryan Lemand, Senior Economic Advisor & Head of Risk Management, Emirates Securities
        & Commodities Authority (SCA)
    • Prue Morris, Director of Policy, QFC Regulatory Authority
    • Bryan Stirewalt, Managing Director, Supervision, Dubai Financial Services Authority (DFSA)
    • Moderator: Andrew Torchia, Economic Editor, Middle East & North Africa, Thomson Reuters
  • 10:37 - 11:00 Networking break
  • 11:00 - 12:00 Capital markets regulation: MENA • Harmonisation of Capital Markets and "passporting"
    • Implications of MSCI upgrades of UAE and Qatar: Is the developed markets classification planned for?
    • Creating stronger GCC markets – KSA opens up: Risk or opportunity for other GCC markets?
    • How can the Middle East continue to develop its financial centres?

    • Rashed Al Baloushi, Chief Executive Officer, Abu Dhabi Securities Exchange
    • Alissa Amico, Manager, Middle East and North Africa, Corporate Affairs Division, Organization for Economic
        Co-operation and Development
    • Alp Eroglu, Senior Policy Advisor, International Organization of Securities Commissions
    • Moderator: Dr. Ryan Lemand, Senior Economic Advisor & Head of Risk Management, Emirates Securities
        and Commodities Authority
  • 12:00 - 13:00 Lunch

  • 13:00 - 13:15 Chairs Introduction Humphry Hatton, Chief Executive Officer, Deloitte

  • 13:15 - 14:00 Sanctions: The new regulatory landscape • Understanding the changing sanctions landscape
    • Iran Update – What the November p5 +1 changes mean
    • Russian sanctions update – how this really impacts
      the region

    • Katherine Bauer, Financial Attache for the Gulf, U.S.
        Department of the Treasury
    • Dr. Jonathan Brewer, Panel of Experts on Iran,
        The United Nations
    • John Garrett, Consultant, BOTH
    • Moderator: Humphry Hatton, Chief Executive Officer,

  • 14:00 - 14:45 From local to global – Regulatory
    considerations for business growth
    • Navigating multi jurisdictions
    • Regulatory considerations for establishing new business
      operations in the GCC, Asia, Europe and USA
    • Regulatory advice and trends

    • Sharon Craggs, Group Compliance Officer,
        Arab Banking Corporation (B.S.C)
    • Chris Harran, National Partner, Dechert
    • Aaron Johari, Managing Partner,
        Kubernao GRC Advisors
    • Moderator: Carwyn Evans, Director, Consultancy,
        Middle East, CCL

  • 14:45 - 15:15 Coffee break

  • 15:15 - 16:00 Islamic finance vs conventional banking • Oversight of the role of regulatory authorities and stock
      exchanges in Islamic finance
    • Legislative framework and oversight in Islamic financing
    • Are there opportunities for conventional banking
      and Islamic finance to incorporate elements of each other
      to create better funding models?
    • Evolving role of Shari’ah compliance function within the
      compliance architecture of financial institutions

    • Basheer Ahmad, Senior Manager, Dubai Financial
        Services Authority
    • Dr. Obaid Al Zaabi, Deputy Chief Executive Officer,
        Legal Affairs & Issuance, Emirates Securities and
        Commodities Authority
    • Mubeen Zafar, Head of Shariah Audit & Quality,
        Mashreq Bank
    • Moderator: Mustafa Adil, Head of Research & Product
        Development, Islamic Finance, Thomson Reuters

  • 16:00 Close of summit day 1
  • 19:00 Gala Dinner (Courtesy of Abu Dhabi Global Market) Rosewood Hotel, Sowwah Square, Al Maryah Island, Abu Dhabi
    (Pick up will be arranged from the St Regis Saadiyat Hotel at 18.00 – Hotel Lobby entrance)

Programme | Day two | January 27, 2015

  • 09:00 - 09:15 Opening speech Jean-Marc Goy, Counsel for International Affairs at the Commission de Surveillance du Secteur Financier (CSSF),
    Luxembourg Supervisory Authority
  • 09:15 - 10:15 Corporate Governance • GCC regulatory changes/ trends
    • How strong governance benefits business
    • How can conflicts of interest/duty be addresses within the business
    • The importance of investor relations

    • Vedat Akgiray, Professor of Finance, Bogazici University
    • Khawar Ansari, Corporate Governance Program Manager, IFC Advisory Services, MENA, World Bank Group
    • Lubna Qassim, Group General Counsel & Company Secretary, Emirates NBD
    • Shahzad Khan, Group Head of Corporate Governance & Compliance, Mubadala
    • Moderator: Dr. Nasser Saidi, President, Nasser Saidi & Associates
  • 10:15 - 11:15 Changing perceptions: Moving from policemen to business enablers • Building a positive culture of compliance
    • Enabling the organisation to understand the true value of compliance
    • Cost of Non - compliance
    • Human capital management:
    - Building and managing high performance team
    - Managing talent in compliance and Audit

    • Hala Bou Alwan, Head of GRC Advisory & Educational Services, Thomson Reuters
    • Imelda Dunlop, Executive Director, Pearl Initiative
    • Khalid Shaikh, Head of Compliance, Mashreq Bank
    • Lawrence Paramasivam, Director, Conduct of Business, Supervision, Dubai Financial Services Authority
    • Moderator: Michael Webb, Barrister and Board Member, Financial Markets Authority, New Zealand
  • 11:15 - 11:45 Coffee Break
  • 11:45 - 12:15 Results of the MENA financial crime research 2014
    • Mandy Green, Director, Deloitte
    • Hala Bou Alwan, Head of GRC Advisory & Educational Services, Thomson Reuters
  • 12:15 - 13:00 Conduct Risk – Reputation matters • Interactive session – Case study discussion: what would you have done?
    • Behind the scenes look at causes of some of the most recent high profile business failures.
    • What can be learnt from the recent high-profile regulatory enforcement actions?
    • Practical processes and tips to avoid the same traps

    • Khawar Ansari, Corporate Governance Program Manager, IFC Advisory Services MENA, World Bank Group
    • Ali Zbeeb, University Lecturer & Founder Chairman, Development Association for Nurturing Arab
        Leadership & Innovation (DANALI)
    • Moderator: Pawan Hegde, Managing Director of Governance, Risk and Compliance, MAR, Thomson Reuters
  • 13:00 - 13:45 Whistle blowing programmes • Why transparency matters?
    • Organisational buy in top down and bottom up
    • Personal liability

    • Pradeep Kumar, Vice President & Manager Fraud Prevention & Detection, Mashreq Bank
    • Jermyn Brooks, Chair, Business Advisory Board, Transparency International
    • Mohamed Daoud, Head of GRC Solutions, MAR, Thomson Reuters
    • Moderator: Martin Woods, Money-Laundering Reporting Officer, Thomson Reuters
  • 13:45 Lunch & closing remarks and end of Summit
  • 13:00 - 13:15 Chairs Introduction Ernst Pienaar, Global Head of Research, Thomson Reuters

  • 13:15 - 14:00 Corruption and anti money laundering –
    The human element
    •  An Insight into trends in global organised crime and new trends
       in Money Laundering
    •  Why ticking boxes and AML matters in the bigger picture
       of the fight against organised crime.

    • Matt Gamble, Head of AML, CTF and Sanctions Compliance,
        National Bank of Abu Dhabi
    • Stephen Evans, Director, Anti-Money Laundering,
        QFC Regulatory Authority
    • Ernst Pienaar, Global Head of Research, Thomson Reuters
    • Moderator: Martin Woods, Money Laundering Reporting Officer,   Thomson Reuters
  • 15:15 - 16:00 Future risk scenario planning • Examining Geo political risk
    • Planning to expect the unexpected
    • Dangers in the supply chain - How well do you know
    your business partners? • How to implement a successful risk based approach
    • Is reliable data available for risk managers?

    • Abdulrahman H. Al Sughayer, Secretary General, Chief
        Governance, Compliance & Control Officer, Banque Saudi Fransi
    • Dr. Jonathan Brewer, Panel of Experts on Iran,
        The United Nations
    • Dr. Ryan Lemand, Senior Economic Advisor & Head of Risk   Management, Emirates Securities and Commodities Authority
    • Moderator: James Swenson, Head of Operations and Delivery
        for the IntegraScreen business, Thomson Reuters
  • Stream 2 – Risk & Financial Crime
    Regal Ballroom C
  • Stream 1 – Regulation
    Regal Ballroom A & B
  • Stream 1 – Regal Ballroom A & B
  • Stream 2 – Regal Ballroom C
  • 14:00 - 14:45 Information security • Emerging international trends
    • The real risks: Better technology is not always the answer
    • Learning from major breaches in Europe and the US
    • Where internal functions can work together to reduce business risk

    • Tariq Ajmal, Middle East Leader, Information and Technology
        Risk Services, Deloitte