Under the Patronage of the National Anti-Money Laundering and Terrorism Financing Committee (NAMLC)
QNB to host a Workshop on Compliance, Anti-Money Laundering and Combating Terrorist Financing
Doha, 09 February 2010 – Under the patronage of the National Anti-Money Laundering and Terrorism Financing Committee (NAMLC), Qatar National Bank (QNB) is hosting a workshop on Compliance, Anti-Money Laundering (AML) and Combating Terrorist Financing (CTF) at The Diplomatic Club on Wednesday, February 10, 2010.
The workshop will discuss topics including recent developments in Qatar in AML/CTF, the FIU activities and efforts, requirements for filling STRs, the role and responsibilities of the Compliance Officer and QNB approach for Compliance/AML/CTF as well as major initiatives by Qatari authorities to prevent any potential risks to the stability of the banking and financial sector.
Representatives of the Financial Institutions, Exchange Houses, Investment Companies and Government Entities operating in Qatar will attend the Workshop.
Some of the major speakers include H.E. Sheikh Fahad bin Faisal Al-Thani, Deputy Governor of the QCB and Chairman of the NAMLC, H.E. Sheikh Ahmed bin Eid Al-Thani, Head of the FIU and Mr. Ali Shareef Al-Emadi, QNB Group Chief Executive Officer.
In addition speakers from Qatar Central Bank (QCB), the National Anti-Money Laundering and Terrorism Financing Committee (NAMLC), The Financial Information Unit (FIU-Qatar), The Special Investigation Commission (SIC-Lebanon) and QNB Group Compliance team will lecture in the Workshop.
The workshop is being organized in order to enhance awareness and build a Culture of Compliance to protect the Financial Institutions’ reputation and the integrity of their system by reducing the likelihood of becoming a vehicle for or a victim of financial crimes and suffering consequential reputation and financial damage.