First Arab Fraud Combating Summit
21 – 23 February 2025 Savoy hotel- Sharm El Sheikh, Egypt
This conference, organized by the Union of Arab Banks in cooperation with the Central Bank of Egypt and the Federation of Egyptian Banks, aims to illustrate and discuss the risks of fraudulent practices arising from various events that the world is exposed to and their repercussions on Arab banks. It will also shed light on the repercussions of successive global crises and clarify the basic risks and challenges facing the Arab banking profession currently, in addition to discussing the ways to develop fraud and financial crime control functions in the Arab banks to keep pace with all emerging procedures and challenges.
Background
The world is witnessing considerable interest in sustainable development and striving towards achieving its goals, especially in light of climate changes and their risks, which call for intensifying the international, regional, and local efforts to confront these repercussions that may negatively affect the future of development in many countries.
The importance of sustainability and sustainable financing in supporting financial and banking stability is considered one of the main pillars for achieving several sustainable development goals, through integrating environmental and social factors and governance rules when providing financing, because of their positive impact on corporate performance and on reducing risk levels, as well as directing funds to the sustainable projects through issuing and managing sustainable and green financial instruments in order to finance projects within the sustainable development programs and agenda.
The international financing institutions and central banks also contribute effectively in providing mechanisms, tools, principles, and initiatives that enhance the opportunities for banks to promote sustainable financing principles and improve the opportunities for transformation towards green and sustainable banking, where modern technological developments in banks play an important role in enhancing the exploitation of these opportunities.
Financial markets are a major player in promoting investment opportunities, attracting investors, and promoting green bond issuance in light of the increasing spread of environmental and social investment, which contribute to achieving sustainable goals.
In order to achieve these goals, it is necessary to combine the efforts of many governmental and legislative bodies and organizations to develop the legislative, legal, and regulatory infrastructure in order to provide an enabling environment that contributes to the success of the transformation process and to achieve sustainable development at the country level.
Hence the importance of holding this forum in Sharm El-Sheikh – Egypt, after holding COP27 Conference in November 2022, within the framework of strengthening the role of the banking sector in achieving sustainable development goals through a shift towards sustainable banking, as the forum focuses on the strategies, initiatives and roles of each of the international financing institutions, central banks, banks, financial markets, and governmental bodies and organizations in promoting sustainability and sustainable financing, and their contribution to enhancing financial and banking stability. The forum will also discuss the requirements for applying and including sustainable financing policies within the credit and investment policies of banks, and review the best practices and global initiatives related to sustainable financing.
topics:
Discussing how to create a comprehensive regional proactive approach to combating fraud.
• Developing detection and protection methodologies that identify fraud and improve control methods.
• Cash and the most important ways to secure it.
• Enhancing integrity and transparency to maintain the confidence bank stakeholders.
• Raising awareness and training employees and customers to combat and prevent fraud risks.
• The importance of digitization, coding services and international best practices
to reduce potential fraud risks.
• Assessing and managing fraud risks resulting from cyber-attacks and the required
mitigation methods and control frameworks.
• Managing the threat and challenges to the business model resulting from the increase
in financial crime and methods of reducing and mitigating it in light of the changing
and volatile environment.
• Reviewing the latest fraud practices locally and internationally
Target participants
• Governors, directors and senior employees of Arab central banks
• Directors and their associates in Arab supervisory and regulatory bodies
• Directors and their associates in international financial institutions and regional funds
• Directors and their associates in fraud and financial crime departments in banks
• Directors and their associates in internal audit departments in banks
• Directors and their associates in risk management departments in Arab banks
• Directors and their associates in credit and finance departments
• Directors and their associates in retail banking departments
• Directors and their associates in Arab governmental and legislative bodies and
organizations
• Directors of data security and their associates
• Directors of Bank security and their associates
• Law enforcement agencies
• Judicial and legislative bodies
UAB Sponsors for 2025 Activities
