Despite the challenges and painful events taking place in Lebanon, the Union of Arab Banks will hold a banking conference on December 18, with the presence of 250 economic figures

by **claud39** on Thu Dec 17, 2020 10:17 am

Despite the challenges and painful events taking place in Lebanon, the Union of Arab Banks will hold a banking conference on December 18, with the presence of 250 economic figures

(Al-Diyar) December 17, 2020

In a statement, the Secretary-General of the Union of Arab Banks and the International Union of Arab Bankers, Wissam Fattouh, addressed “thanks and appreciation to the Lebanese state and all Lebanese security agencies for the moral and logistical support they provided, for the success and facilitation of the banking conference held on December 18 and 19, at the Movenpick Hotel, Beirut,” Under the title «Risks of sanctions and dealing with critical issues in combating money laundering».

Fattouh considered, “The union’s decision, with the support of the President of the Executive Committee, Dr. Joseph Tarbay, to proceed with the adoption of the Lebanese capital as a venue for the conference despite all the challenges, and the painful events that Lebanon is witnessing, came to confirm once again, the leading financial and banking role of Beirut in the region, and that the events that have occurred Lebanon has not suffered from this role.

He said: “The conference organized by the Union of Arab Banks in cooperation with the International Union of Arab Bankers is the first and largest banking conference of its kind for this year, which brings together Arab banking leaders, Arab stock markets and some Arab central banks, with the participation of more than 250 people at the level of heads of boards of directors and The CEOs are from: Kuwait, Oman, Iraq, Qatar, Egypt, Sudan, Libya, Jordan and Lebanon.

The conference will discuss the latest developments in the field of combating money laundering and terrorist financing, and the issue of sanctions that international supervisory bodies may impose on banks in the event that they do not abide by the applicable international laws.

It also focuses on the issue of fighting corruption in all its forms, and the strategic risks resulting from electronic piracy, and other issues that are currently receiving the attention of the heads of compliance units and various officials in our Arab banks.

https://uabonline.org/%d8%b1%d8%ba%d9%85-%d8%a7%d9%84%d8%aa%d8%ad%d8%af%d9%8a%d8%a7%d8%aa-%d9%88%d8%a7%d9%84%d8%a7%d8%ad%d8%af%d8%a7%d8%ab-%d8%a7%d9%84%d8%a7%d9%84%d9%8a%d9%85%d8%a9-%d8%a7%d9%84%d8%aa%d9%8a-%d9%8a/

by **claud39** on Thu Dec 17, 2020 10:20 am

Fattouh on the banking conference: Beirut will always win

(An-Nahar) 12/17/2020

Despite the challenges and painful events taking place in Lebanon, the Union of Arab Banks will hold a banking conference on December 18, with the presence of 250 economic figures 226056

The Secretary General of the Union of Arab Banks and the International Union of Arab Bankers, Wissam Fattouh, thanked the Lebanese state and all the Lebanese security services for the moral and logistical support they provided, for the success and facilitation of the banking conference on December 18 and 19, under the title “The risks of sanctions and dealing with issues Critical in combating money laundering.

Fattouh said, in a statement, that “the union’s decision, with the support of the President of the Executive Committee, Dr. Joseph Tarabay, to proceed with adopting the Lebanese capital as a venue for the conference despite all the challenges and the painful events that Lebanon is witnessing, came to confirm once again the leading financial and banking role of Beirut in the region. And that the events taking place in Lebanon have not diminished this role.

He explained: “The conference organized by the Union of Arab Banks, in cooperation with the International Union of Arab Bankers, is the first and largest banking conference of its kind for this year that brings together Arab banking leaders, Arab stock markets and some Arab central banks, with the participation of more than 250 people at the level of heads of boards Departments and executives from Kuwait, Oman, Iraq, Qatar, Egypt, Sudan, Libya, Jordan and Lebanon.

The conference will discuss the latest developments in the field of combating money laundering and terrorist financing, and the issue of sanctions that international supervisory bodies may impose on banks in the event that they do not abide by the applicable international laws.

It also focuses on the issue of fighting corruption in all its forms, the strategic risks resulting from electronic piracy, and other issues that are currently receiving the attention of the heads of compliance units and various officials in banks.

https://uabonline.org/%d9%81%d8%aa%d9%88%d8%ad-%d8%b9%d9%86-%d8%a7%d9%84%d9%85%d8%a4%d8%aa%d9%85%d8%b1-%d8%a7%d9%84%d9%85%d8%b5%d8%b1%d9%81%d9%8a-%d8%a8%d9%8a%d8%b1%d9%88%d8%aa-%d8%b3%d8%aa%d9%83%d8%b3%d8%a8-%d8%a7%d9%84/