BioCatch | Fighting Financial Crime in the UAE: Tackling Fraud and Money Laundering

We invite you to attend an insightful discussion on the escalating threat of financial crime in the digital era. Join us as we delve into the sharp rise in money laundering activities, the role of digital disruptions like generative AI in facilitating scams, and the specific concerns for the Middle East in 2025 and beyond. We'll also explore strategies that financial institutions are employing to combat fraud, the emotional impact on victims, and the role of regulators in tackling these issues. Don't miss this opportunity to stay ahead of evolving threats and gain valuable insights into the future of fraud prevention.

REGISTER YOUR INTEREST TO ATTEND NOW!

 

SPEAKERS

Afroz Walile

Afroz Walile

Head - Strategy & Transformation

First Abu Dhabi Bank

Amit Goel

Amit Goel

Head - Operational & Fraud Risk

Ajman Bank

Ghaus Ikram

Ghaus Ikram

Head of Financial Crime Compliance/MLRO

United Arab Bank

Gurcharan Chhabra

Gurcharan Chhabra

EVP, Head of Fraud Prevention & Intelligence

Mashreq

Haitham Khalaf

Haitham Khalaf

Manager, Fraud Prevention and Investigation

Al Masraf

Hariprasad Chede

Hariprasad Chede

Chief Information Security Officer

National Bank of Fujairah

Hussain Kashwani

Hussain Kashwani

Head of AML and MLRO

Abu Dhabi Islamic Bank

Jacques Stephan

Jacques Stephan

Unit Head‑Regulatory & Sanctions

Al Masraf

Jiju Philip

Jiju Philip

Head - Operational Risk, IC, BCM

RAKBANK

Jiten Nagda

Jiten Nagda

Head- Fraud Risk Management

Al Maryah Community Bank

Mark Newfield

Mark Newfield

SVP, Head of Compliance

Emirates NBD

Muhammad Iqtadar Ahmed Sheikh

Muhammad Iqtadar Ahmed Sheikh

Head of Compliance

Ajman bank

Pradeep Kumar

Pradeep Kumar

Head of Fraud Risk Management

Commercial Bank of Dubai

Praveen Kumar Naidu

Praveen Kumar Naidu

Regional Head of Fraud Corporate & Institutional Banking

HSBC

 

AGENDA

08:00 Registration & Networking
09:15 Welcome note
09:20 Opening Presentation
09:30 Discussion points:
  1. The Escalating Threat of Financial Crime in the Digital Era
    1. Analysing the sharp rise in money mule/laundering, activities, with nearly 2 million mule accounts reported globally in 2024.
    2. Examining the role of digital disruptions, including generative AI, in facilitating sophisticated scams and fraud schemes.
    3. Identifying key fraud and money mule concerns specific to the Middle East for 2025 and beyond.
  2. Navigating the Complex Landscape of Modern Scams
    1. Understanding prevalent fraud tactics.
    2. Discussing the emotional and psychological impact on victims, with nearly 60% reporting significant distress and 62% losing trust in online platforms.
    3. Sharing strategies and technologies that financial institutions are employing to stay ahead of increasingly sophisticated threat actors.
  3. Regulatory Oversight in Combating Money Mule Operations
    1. Exploring the role of banking regulators in overseeing and managing the money mule challenge, including potential policy interventions.
    2. Reviewing best practices adopted by banks in the UK and Australia and discussing their applicability in the Middle East.
  4. Technology Innovations in Fraud Prevention: Evaluating the effectiveness of behavioural intelligence
12:00 Lunch & Networking

REGISTER YOUR INTEREST TO ATTEND NOW!

 

VENUE


REGISTRATION FORM

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