GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Partnership helps develop cooperation among more than 360 financial institutions across MEA markets

Dubai, UAE, November 14, 2018:  Refinitiv, formally the Financial & Risk business division of Thomson Reuters, announced a partnership with Union of Arab Banks (UAB) to develop a strategic networking platform for UAB's members, the financial and compliance community across Middle East and Africa (MEA).

The partnership develops cooperation on a strategic dimension that benefits more than 360 financial institutions in MENA. As part of the agreement, UAB will leverage Refinitiv's network of financial crime industry experts and enhance the quality of UAB's training workshops and seminars. Refinitiv will gain access to UAB's vibrant network of financial institutions and will drive industry engagement programs for UAB members. The collaboration creates a unique networking platform for financial and non-financial associations, regulators, and supervisory agencies within MEA and across the globe. 

The partnership will also include sharing valuable information such as research centres, facilitating interaction with government entities, and holding common forums to explore growth opportunities across the financial industry in the region. 

“The collaboration comes in line with our vision to share best practice with the Arab financial and banking community. Both parties will exchange technical advice and training programs. This is crucial for the industry as we see significant advances in both private sector financial technology as well as technology supporting public sector regulatory compliance,” said Wissam Fattouh, Secretary General, Union of Arab Banks. 

“Our partnership will help promote a sound and vibrant regulatory, governance, risk and compliance culture in the region. We continue to see increasing compliance activity as firms and regulators leverage automation and new technologies to combat financial crime,” said Nadim Najjar, Managing Director, Middle East and Africa, Refinitiv. 

“Financial institutions are changing the way they manage data as they move to implement new workflows. Our collaboration with UAB will help inform the industry, facilitate the adoption of smarter applications, and promote ethical behaviour in the financial and baking practice,” concluded Mr. Najjar.



Posted by : GoDubai Editorial Team
Viewed 6204 times
Posted on : Wednesday, November 14, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Takaful Emarat (‘the Company') reports financial results for the 9-month period ended September 30, ...
Next Story : The Central Bank's Higher Sharia Authority Discussed the Sharia Governance for the Sharia Control fu...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Nothing says ‘I love you' quite like MKS Jewellery Valentine's Day Top Picks
Delightful Duo Of Elegant Timepieces Make For A Special Valentine Day's Gift
Great offers this February on Glambeaute.com
Mesmerizing Gift Sets and Perfume for Her
Classic Smoky Eyes with Essence
Introducing Supergirl Make-Up
Valentine's Day Gifting Guide
The Rado HyperChrome Ultra Light
Chronoswiss Shows Off Twin Limited Edition Flying Grand Regulators
Le Meridien Al Aqah Beach Resort Rolls out Fabulous Deals for February
The Valentine watch collection by Coach
Innovative, Adventurous and Accurate. It's what pilots need in a timepiece. And ...
GUESS Launches JEANS SS19 Collection for Women
GUESS Launches Kids Collection
212 VIP Extra Limited Edition
NuFACE launches in Bloomingdales and Harvey Nichols!
Emirates Post commemorates silver jubilee of Emirates Center for Strategic Studi...
Billy is 40 years old..
Deadline extended to register for first ever Dubai Corporate Sports Championship
Lenovo announces Lenovo Truscale™ Infrastructure Services – a consumption-based,...
The Fall 2019 Michael Kors Collection Runway Show
Chrono 4 Grande Taille Limited Edition - another classy reiteration of an iconic...
Dubai's first building biologist receives global recognition
Turkish Airlines introduces its new The LEGO® Movie 2 Inflight Safety Video, bef...
Pirelli gives New Ice Zero 2 Studded Tyres Their Debut on Ice in Sweden at the W...
Exclusive position in the front row of the grid: The BMW M850i xDrive Coupe Firs...
Is the runway ready for HONOR View20 Moschino edition - the season's most covete...
Caroline Wozniacki chasing more success at Dubai Duty Free tennis championships
UAE supermarket chain Al Maya group to launch products from Woolworths Australia
Robinsons to launch its new luxury lighting department – the latest addition to ...
Valentines Day Gift Guide from Anker
Create a Valentine's meal to remember with LG
Airbus and Emirates reach agreement on A380 fleet, sign new widebody orders
GSK sets to improve antibiotic adherence in the UAE with a new patient-friendly ...
Dubai Cares and UNICEF announce the Dubai Declaration on Early Childhood Develop...
Jaguar Land Rover expands Ingenium family with straight six-cylinder petrol engine
Greece partners with VFS Global to launch Visa Application Centres in the Kingdo...
Abu Dhabi University and Knowledge Group to participate in IDEX 2019
Wellness Saturdays with H Retreats
Okadoc helps UAE patients find a doctor and book an appointment online instantly
10 things you didn't know about Space Grill
39 days shopping extravaganza brought grand success to 13 participating malls
Zayed University inaugurates largest Bloomberg Finance Lab in the Middle East
Customs World develops RIISE: first of its kind leading-edge Customs platform
6.5 million worth of prizes won by jewellery shoppers this Dubai Shopping Festival
Aster doctors rescue 25-day old baby from rare flesh-eating infection
HH Sheikh Saeed Bin Hamdan Al Maktoum Cup First Ever 30 Goal Handicap Exhibition...
The Retail Summit officially opens
Aetna supports Dubai Cares' Walk for Education with sponsorship
WCU: Commodity markets roll over as macroeconomic concerns weigh