Jersey Finance, in partnership with Themis, is delighted to host this Jersey Finance, Member only, UAE Financial Crime Country Risk Workshop – a CPD accredited event.

Understanding financial crime risk is a cornerstone of the fight against money laundering and the financing of terrorism and proliferation.

Many of the customers of Jersey’s finance industry are non-resident therefore an area of focus is the industry’s approach to understanding and managing the financial crime risks and threats of conducting business in higher risk jurisdictions.

Following the UAE Financial Crime Risk Assessment Roundtable – in Partnership with Themis, we have been working with the Government of Jersey, the JFSC and Themis to design a practical workshop, with practical exercises that may benefit Jersey Finance Members in their country risk profiling.

As a result, we have engaged a top specialist and Themis trainer, Dawn Fisher, FICA, Dip AML, Dip FCP, Deputy MLRO at Arbuthnot Latham, alongside Nadia O’Shaughnessy, Themis Head of Insight and Carel van Randwyck, Chief Growth Officer & Head of Impact at Themis, to facilitate our UAE Financial Crime Country Risk Workshop on Thursday 4 May, 8.30 am for a 9.00 am start at the Royal Yacht Hotel, St Helier. The event will end at 12.30 pm.

The UAE Financial Crime Country Risk Workshop will focus on the practical approach on how to conduct Country Risk Assessments incorporating:

A recap overview panel discussion of financial crime risk in the UAE
The Jersey and international regulations and legislation for financial crime country risk assessments
Requisite information to conduct such country risk assessments
Risk assessment approach
Practical case studies drawn from the UAE context
Best practice

These discussions will build on the information in the Themis UAE country risk report, which you can buy on Themis’ website here, and will be held under Chatham House Rules to encourage debate and the sharing of best practice.

This year, Jersey will be the subject of a significant evaluation by a body of the Council of Europe – MONEYVAL (Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism) – who conduct evaluations against international Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) standards as set out by the Financial Action Task Force (the FATF).

This process will involve an assessment of the role of the finance industry in understanding risks and applying preventative measures. This work is designed to both develop that understanding for industry and demonstrate our clear commitment to implementing international AML/CFT standards.

This event is highly recommended for representatives from Jersey Finance Member firms’ compliance function, in addition to other business areas, and we welcome multiple attendees from Member firms.

If you have any questions regarding this CPD accredited event, please contact our events team at events@jerseyfinance.je

UAE Financial Crime Country Risk Workshop – in Partnership with Themis