Leading Arab banks set to participate in SWIFT event

 30 Aug 2016 - 0:00

DOHA: QNB Group will be among more than 200 delegates and exhibitors from the Arab region expected to take part in Sibos 2016, which will be held in Geneva between September 26 and 29, SWIFT, a member-owned co-operative and global provider of secure financial messaging services, announced.
Over 8,000 banks, financial and securities institutions, regulators, corporate customers and service providers meet at Sibos, which is held at one of the global financial markets every year, to discuss the issues and trends that shape the financial industry.
This year’s theme is “Transforming the Landscape”. The conference will explore evolving payments and securities industry trends, the latest from the financial crime compliance world, innovation, opportunities and challenges in technology, disruptive competition and cultural shifts, as well as other hot topics impacting the financial landscape.
Sido Bestani, SWIFT’s Head of Middle East, Turkey and Africa, said: “Sibos remains at the forefront of global discussions about the future of the financial industry. SWIFT’s regional community, including banks, financial institutions, regulators and corporates, are keen to take part in the debates that will shape their future.”
Delegates and exhibitors from Qatar, the UAE, Saudi Arabia, Kuwait, Bahrain, Oman, Egypt, Jordan and Lebanon will have the opportunity to take part in discussions with regional and global industry experts. Sessions will debate how the shifting sanctions landscape will change compliance dynamics and cover topics on how to safely bank low-risk clients in high risk jurisdictions. In addition, they will have the opportunity to consider how some markets are responding to the real-time payments trend.
Khaled Moharem, Head of Middle East and North Africa at SWIFT, said: “SWIFT regularly engages with the financial community about issues of tactical and strategic importance to their businesses. Sibos provides the opportunity for the community to meet with like-minded institutions and experts from around the world to exchange ideas and work on common solutions to shared challenges from a global perspective. The Middle East financial industry’s growing support for Sibos is clearly illustrated by the number of participants from the region.”

The Peninsula

DOHA: QNB Group will be among more than 200 delegates and exhibitors from the Arab region expected to take part in Sibos 2016, which will be held in Geneva between September 26 and 29, SWIFT, a member-owned co-operative and global provider of secure financial messaging services, announced.
Over 8,000 banks, financial and securities institutions, regulators, corporate customers and service providers meet at Sibos, which is held at one of the global financial markets every year, to discuss the issues and trends that shape the financial industry.
This year’s theme is “Transforming the Landscape”. The conference will explore evolving payments and securities industry trends, the latest from the financial crime compliance world, innovation, opportunities and challenges in technology, disruptive competition and cultural shifts, as well as other hot topics impacting the financial landscape.
Sido Bestani, SWIFT’s Head of Middle East, Turkey and Africa, said: “Sibos remains at the forefront of global discussions about the future of the financial industry. SWIFT’s regional community, including banks, financial institutions, regulators and corporates, are keen to take part in the debates that will shape their future.”
Delegates and exhibitors from Qatar, the UAE, Saudi Arabia, Kuwait, Bahrain, Oman, Egypt, Jordan and Lebanon will have the opportunity to take part in discussions with regional and global industry experts. Sessions will debate how the shifting sanctions landscape will change compliance dynamics and cover topics on how to safely bank low-risk clients in high risk jurisdictions. In addition, they will have the opportunity to consider how some markets are responding to the real-time payments trend.
Khaled Moharem, Head of Middle East and North Africa at SWIFT, said: “SWIFT regularly engages with the financial community about issues of tactical and strategic importance to their businesses. Sibos provides the opportunity for the community to meet with like-minded institutions and experts from around the world to exchange ideas and work on common solutions to shared challenges from a global perspective. The Middle East financial industry’s growing support for Sibos is clearly illustrated by the number of participants from the region.”

The Peninsula