SWIFT, a member-owned cooperative for conducting business operations with confidence, has announced an expansion to its financial crime compliance services portfolio with two new services coming in 2016.
Sanctions list management
SWIFT, a co-operative of more than 10,000 financial institutions around the world, has launched a new business intelligence tool in its compliance services suite that will help banks monitor and address financial crime risk.
Egypt's Ajwa Food Industries, which supplies and distributes food and commodities, said its chairman Mohamed Bin Issa Jaber Al Jaber would appeal against his conviction for financial crimes.
An Egyptian court had sentenced Al Jaber on
Regional experts and regulators are in Doha for a high-profile conference where they will discuss terrorism funding, corporate governance and effective financial crime prevention techniques.
The second 'Middle East Advanced Financial Crime
The global market for financial crime risk management technology is projected to hit $3.75 billion by 2012, at a compound annual growth rate of 13.1 per cent, according to a report by Chartis Research.
The report entitled 'the Financia