From Russia to China, from the Caribbean to South America, from Europe to the USA and from South East Asia, East Asia they come to Dubai, attracted by tax advantages, confidentiality and professionalism and security in the financial services industry.

And each time they come to you, they bring their wealth - and a host of due diligence problems.

And solving those problems is mission-critical: fail and you face the risk of closure by regulators, prosecution by local and foreign agencies and action under the USA PATRIOT Act which can lock you out of US dollar facilities and lead to a run on your institution.

In The Financial Crime Forum's Global KYC event in Dubai on 12 and 13 May 2008, you will learn:

- When to do due diligence

- How to ask sensitive customers senstive questions

- What information can you independently verify?

- What information is available from public sources?

- What proprietary information services can provide

- Once you have confirmed identity, how can you identify source of funds?

- Once you have confirmed source of funds, can you feel confident of future transactions?

- How can you monitor transactions in a small / medium sized entity

- Comparing risk management with compliance

- What sanctions apply to the customer?

- What sanctions apply to my company?

- How you can be bound by another country's sanctions.

- How you or your associates can be fined in the USA for supporting a boycott against Israeli goods and services?

- Consequences of failure of due diligence systems - case studies.

 

 

The Financial Crime Forum's GlobalKYC Dubai 2008 event is for

Directors of financial institutions

Compliance teams

Risk managers

Internal auditors

IT personnel

Private Bankers / funds managers

Sales and marketing teams

 

Timetable: Registration 07:30

Sessions begin: 08:00

Lunch 11:45 - 12:30

Sessions end: 15:00

Afternoon tea and discussion groups 15:00 - 16:00

 

Pricing: Early bird booked and paid for before 15 April 2008 USD2000

After early bird USD3,000.

Discounts: two or more persons from same organisation 10%

Society of Anti Money Laundering Professionals 10%

Government 10%.

Booking and more details: www.financialcrimeforum.com

WARNING: if you are intending to attend a Financial Crime Forum event, make certain that is is the real thing. We are aware of other companies using the name "Financial Crime Forum" or similar - these are not authorised events. Always check at www.financialcrimeforum.com to be certain that you are booking for real Financial Crime Forum events.