Our Annual Conference on Sanctions, Anti-Corruption & Export Controls Compliance in the Middle East, looking at local issues as well as assessing the impact of global compliance changes on actors in the region.
Remaining compliant with multiple foreign jurisdictions, simultaneously, is now everyday business for international companies, combining this with adherence to local law is never going to be easy. Building a robust internal compliance policy is a must, ensuring this is followed by all employees an imperative to avoid costly penalties, best practice is not a one size fits all, come and join us to discuss how to build a program that works locally.
It never gets easier, though by discussing your program with your peers you can make it clearer and implement actions previously unknown or untried. Of course, there is also the day to day running of your operations which we will also be looking at ways to improve by discussing best practice. This conference is focused on regional issues and regional solutions, a must attend for those with local responsibility.
Speaker Panel includes:
Mr. Matthew Nobles, Chief Compliance Officer, GE Power MENAT
Mr. Arvind Sharma, Chief Compliance Officer, Agility
Mr. Matt Bell, Senior Managing Director, Forensic & Litigation Consulting, Practice Leader Export Controls and Sanctions, FTI Consulting
Mr. Mac Fadlallah, Managing Partner, Akin Gump Strauss Hauer & Feld LLP
Mr. Mustafa Zacour, Head of Ethics & Compliance, MA’ADEN, Saudi Arabia
Mr. Muhammad Shakil, Head of Compliance Monitoring, Saudi British Bank
Mr. Tomell deSilva Ceaser, Head of Compliance, Careem
Mr. Elvis Angyiembe, Director, Global Compliance Communication; Regional Compliance Officer & Corporate Counsel, Panasonic Avionics Corporation
Mr. Muhammad Babar, Head of Global Digital Compliance, MoneyGram International
Mr. Lyubomir Modev, Senior Corporate Compliance Counsel, Amazon
Mr. Stephan Lutz, Integrity & Legal Compliance Officer RC MENA/Africa (IL/C), Daimler Commercial Vehicles
And other specialists in the area of European trade compliance
♦ Mr. Matthew Nobles, Chief Compliance Officer, GE Power MENAT
Matthew Nobles is the Chief Compliance Officer for GE Power MENAT, providing leadership on the development and implementation of a broad compliance program, focused on culture building, adherence to all relevant local and international laws, and support in driving key business objectives. Matthew has a diverse background of more than 12 years of finance, audit and compliance leadership experience across the GE portfolio of businesses including Healthcare, Oil & Gas, Treasury, Corporate and now Power. Upon moving to Dubai in 2011, Matthew lead the development and implementation of the anti-corruption framework for the company in the region. In 2014, Matthew served as the International Commercial Controller for the Distributed Power business, responsible for oversight of the Commercial team in the contract negotiation & review process. In 2016, Matthew served as the FP&A Manager to the GE regional CEO and provided guidance in developing the commercial growth strategy and management of critical internal business processes. In his spare time, Matthew enjoys following the financial markets, reading and spending time with his wife and two young children.
♦ Mr. Muhammad Shakil, Head of Compliance Monitoring, Saudi British Bank
A seasoned Risk and Compliance professional, Muhammad Shakil has over 17 years extensive experience covering Banking Supervision, Risk Management, Compliance & AML and Corporate Governance in South Asia and Middle East. Having practical compliance risk management experience of serving regional as well as global banks and having dealt with multiple regulators in the region, Muhammad Shakil is at hand in emerging compliance challenges in Middle East and North Africa region. He has conducted numerous training sessions on Compliance, Anti Money Laundering, Sanctions and Corporate Governance for financial sector professionals at various management levels. Muhammad holds global compliance certifications including Certified Anti Money Laundering Specialist (CAMS), International Compliance Association (ICA) International Diploma in Governance, Risk and Compliance. He also holds Certified Islamic Finance Executive (CIFE) from Ethica Institute UAE.
♦ Mr. Mac Fadlallah, Managing Partner, Akin Gump Strauss Hauer & Feld LLP
Focuses on the application of U.S. law to non-U.S. entities and operations.
Handles matters related to global investigations, international sanctions, export controls and anticorruption laws.
Partner in charge of the Dubai office.
Mac Fadlallah has been based in the United Arab Emirates (U.A.E.) since 2012. He counsels clients across a broad range of sectors on how U.S. law is applied to non-U.S. entities and operations, particularly with respect to global investigations and compliance with international sanctions, export controls and anticorruption laws.
Mac advises extensively on a number of key U.S. statutes, including:
- Office of Foreign Assets Control (OFAC)
- Foreign Corrupt Practices Act (FCPA)
- International Traffic in Arms Regulations (ITAR)
- Export Administration Regulations (EAR)
- Drug Enforcement Agency (DEA) regulations on listed chemicals and controlled substances.
Mac also provides advice related to the Joint Comprehensive Plan of Action (JCPOA), the nuclear deal reached between the international community and Iran, as well as in the evolving sanctions environment between the United States and Iran. He counsels companies on the sanctions considerations around Iran-related business. These include secondary sanctions exposure and associated risks, such as Securities and Exchange Commission (SEC) disclosure obligations, contractual safeguards and U.S. state divestment policies.
- Assessing non-U.S. entities’ compliance with applicable U.S. sanctions, export controls, and anticorruption law and regulations.
- Negotiating compliance contractual provisions, including for and against lenders in facility and other lending agreements.
- Advising funds and other investment vehicles on conducting due diligence and establishing compliance safeguards to mitigate sanctions, export controls and anticorruption risks.
- Conducting internal compliance investigations of possible FCPA, ITAR, EAR or OFAC regulations and related company policies, and facilitating compliance audits.
- Developing and implementing compliance policies and procedures, with an emphasis on non-U.S. entities.
♦ Mr. Matt Bell, Senior Managing Director, Forensic & Litigation Consulting, Practice Leader Export Controls and Sanctions, FTI Consulting
Matt Bell is a Senior Managing Director and the Leader of the Export Controls & Sanctions offering in the Forensic & Litigation Consulting (FLC) segment at FTI Consulting, and he is based in Houston. He specializes in international trade compliance including export controls, economic sanctions, antiboycott, and related U.S. and global regulations.
Mr. Bell helps his clients build or enhance their trade compliance programs through procedural enhancements, audits, and trainings that are properly benchmarked to leading practices. Mr. Bell also has experience overseeing large and highly complex global investigations in some of the most challenging regions of the world. His specialization is honed through his experience as a senior in-house counsel for several organizations that committed significant resources to designing and implementing world-class trade compliance programs. As a result, he advises his clients from a unique perspective that balances compliance with these highly complex laws and regulations with the practical realities of implementing his advice in the day-to-day operations of the company.
Mr. Bell has extensive experience advising clients on the complex regulations related to encryption controls, de miminisanalyses, second incorporation rule application, and sanctions regulations, especially as they apply to avoiding business in sanctioned jurisdictions or with sanctioned parties, as well as in wind-down of operations in sanctioned jurisdictions. His expertise spans across several industries including energy, telecommunications, technology, and aerospace/defense, as well as for both U.S. and non-U.S. companies with extensive global operations.
Mr. Bell has made his career building best-in-class compliance programs under intense government scrutiny including extensive experience working with the U.S. Departments of Justice, Commerce, and Treasury as part of government investigations, civil and criminal settlements, and helping companies through the rigors of government-mandated audits and monitorships. Mr. Bell also advises on compliance with the export control regulations administered by the Nuclear Regulatory Commission, Department of Energy, and Department of State.
Prior to FTI Consulting, Mr. Bell held senior legal and compliance positions in major multi-national companies in the telecommunications and energy industries, including having served as a chief compliance officer, senior global anticorruption counsel, global trade compliance counsel, and regional compliance counsel for these organizations. Much of his work with these companies occurred during investigations related to and as a result of record-setting settlements with various U.S. government agencies related to FCPA, export controls, and sanctions violations. Mr. Bell started his career in consulting with international trade practices in two of the Big 4 consultancies.
Mr. Bell is an active member in the American Bar Association, Section of International Law and serves on advisory committees for both Trace International and the Association for Certified Sanctions Specialists.
♦ Mr. Muhammad Babar, Head of Global Digital Compliance, MoneyGram International
Muhammad is a Technology enthusiast with over 16 experience in the Banking and Payments technology/compliance spheres and is currently at the forefront of MoneyGram’s Digital revenue initiatives from a Global perspective. He graduated as a Computer Engineer from the University of Huddersfield- UK in 2002, and worked as a Software Developer / Design Architect for various Tech startups specializing in Software Engineering and Design.
Expertise in Technology and understanding of the global AML/CTF regulations facilitated Muhammad’s transition to core Regulatory Compliance roles in the Middle Eastern Financial institutions, where he has delivered efficiencies and bottom line improvements – by marrying the worlds of regulations and technology.
♦ Mr. Mustafa Zacour, Head of Ethics & Compliance, MA’ADEN, Saudi Arabia
With 20 plus years of experience, Mustafa has a strong and diversified background including internal audit, Ethics, Compliance and fraud investigations. Currently, he is working For Ma’aden, one of the largest mining companies in the Middle East as an Ethics and Compliance Officer. Mustafa Graduated with a degree in accounting from William Paterson University in 1996 and is a Certified Internal Auditor and a Certified Fraud Examiner.
In his career, he has worked for various companies including Shell, Morgan Stanley, Bank of America Securities, Credit Lyonnais and Alfardan.
♦ Mr. Stephan Lutz, Integrity & Legal Compliance Officer RC MENA/Africa (IL/C), Daimler Commercial Vehicles
Stephan Lutz is holding a Bachelor of Laws from the university of applied science Pforzheim and a Master of Science in International Finance from the HWR in Berlin. He started his professional career 2012 as Forensic Investigator at Deloitte Germany where he was mainly responsible in conducting investigation related to bribery or corruption within global acting corporation. In 2015 Stephan moved to Singapore and took over the role as Senior Associate at Deloitte Forensic for 1.5 years. His main focus was the review of the effectivity of the Anti-Money Laundering controls within large banks.
Since 2017 Stephan is the Compliance Officer for Daimler Commercial Vehicles MENA/Africa and is responsible for the implementation and maintenance of an effective Compliance Management System. This includes i.a. Compliance risk assessments, performance monitoring and reporting.
♦ Mr.Johann Strauss, Associate, Akin Gump Strauss Hauer & Feld LLP
Johann Strauss is an associate in the international trade practice. Mr. Strauss regularly advises clients on compliance with sanctions, export controls, and anticorruption laws and regulations, including economic sanctions administered by the Office of Foreign Assets Control (OFAC), trade controls under the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR), and the Foreign Corrupt Practices Act (FCPA). Mr. Strauss also routinely advises public and private sector clients on public international law matters, particularly in the area of dispute resolution under bilateral and multilateral treaties.
Mr. Strauss works with clients across a range of sectors and industries, including aerospace and defense, cybersecurity, financial services, health care, energy, metals and mining, automotive, shipping, and freight forwarding. He also maintains an active pro bono practice which includes representing refugees seeking asylum in the United States and assisting governments developing policies to combat money laundering and terrorism financing.
Mr. Strauss received his J.D. from New York University School of Law, where he was an executive editor of the New York University Law Review, a board member of the Latino Law Students Association and a Ford Foundation fellow. He earned a B.A. in international relations and an M.A. in Latin American studies from Stanford University.
Mr. Strauss has advised clients on the following representative matters:
- Impact of U.S. sanctions and export control laws on transactions that intersect with individuals and entities connected to Iran, Sudan, Russia, Cuba, Syria, North Korea, and Venezuela;
- Implementation of technology tools to facilitate international trade compliance, such as through denied party screening and automated systems for the classification of hardware, technology, and software on the U.S. Munitions List and the Commerce Control List;
- Due diligence investigations and risk assessments related to sanctions, export control, and anticorruption compliance;
- Negotiating sanctions compliance terms in loan facility agreements and sale/distribution contracts;
- Development of company-specific policies, procedures, and training materials to safeguard against trade-related risks;
- Drafting voluntary disclosures of sanctions violations for submission to U.S. government agencies;
- Strategy and response to state investment funds threatening to divest from public companies due to Iran-related business activities;
- Serving on behalf of a leading U.S. tire manufacturer in investment claims brought against Panama under the U.S.-Panama Trade Promotion Agreement; and
- Advising government ministries on public international law obligations arising from bilateral and multilateral treaties and international conventions.
♦ Mr. Peter Wilson, Managing Partner, Herminius
Peter Wilson is Managing Partner of Herminius, where in addition to managing the firm’s growth and operations, he specialises in corporate advisory work, geopolitical risk and impact investing, particularly in emerging markets and developing and post-conflict countries.
Peter co-founded and built Libra Advisory Group, which worked on economic development, national security and post-conflict governance and reform in a wide variety of countries including Afghanistan, Bosnia, Ethiopia, Iraq, Kosovo, Sierra Leone and Sri Lanka. Libra grew rapidly, and was successfully sold to Coffey International in 2010. Peter went on to direct all of Coffey’s economic development and government reform programmes on behalf of European development donors, with full financial and managerial responsibility for the company’s operations and growth. He continues to act as a Senior Advisor and Deployable Civilian Expert at the UK Government’s joint FCO-MOD-DFID Stabilisation Unit.
Peter’s early career was spent in HM Diplomatic Service and McKinsey. He holds an MPhil in Economics, specialising in the economics of emerging markets, from the University of Oxford, and an MBA with Distinction from INSEAD in France. He is the co-author of ‘Make Poverty Business’, which makes a profit-maximising case for greater private sector engagement in developing countries.
♦ Mr. Arvind Sharma, Chief Compliance Officer, Agility
♦ Mr. Tomell deSilva Ceaser, Head of Compliance, Careem
♦ Mr. Elvis Angyiembe, Director, Global Compliance Communication; Regional Compliance Officer & Corporate Counsel, Panasonic Avionics Corporation
♦ Mr. Lyubomir Modev, Senior Corporate Compliance Counsel, Amazon
The agenda is prepared by and for industry professionals, and will include the most interesting topics, currently pertinent to the field:
♦ Tone from the Top – A CCO led presentation defining leadership & commitment.
♦ Why building a culture of ethics and compliance is a competitive advantage?
♦ The policies and procedures have been implemented. Are they being followed down the line?
♦ Sanctions, embargoes & denied parties.
♦ Screening and due-diligence of key parties in a high-risk environment.
♦ Implementing our due-diligence system: what we did, pitfalls, challendes, lessons learned.
♦ Trends and best practices in anti-bribery compliance programs: a benchmarking discussion.
♦ FATF in the MENA region – latest developments and practical implications for business.
♦ How to leverage cloud-based solutions to utilise your existing IT systems.
♦ How to navigate internal corporate structures which are not conducive to compliance initiatives and transparency.
♦ Licensing and permits for controlled goods exports in the UAE.
♦ From ‘good’ to ‘great’: How to build a truly effective compliance organisation?
♦ Conduct Compliance, the future of compliance in GCC.
♦ Interactive Roundtables on topics brought up by the delegates.
Please contact your NielsonSmith representative to discuss the programme in more depth.
FTI Consulting is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. Individually, each practice is a leader in its specific field, staffed with experts recognized for the depth of their knowledge and a track record of making an impact. Collectively, FTI Consulting offers a comprehensive suite of services designed to assist clients across the business cycle – from proactive risk management to the ability to respond rapidly to unexpected events and dynamic environments.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 attorneys in offices throughout the United States, Europe, Asia and the Middle East. The firm’s international trade practice facilitates our clients’ ability to engage in the cost-efficient and timely exchange of goods and services across borders, in full compliance with applicable laws and regulations. We have a robust practice in the area of global trade controls, including export controls, economic sanctions, customs and import controls, anticorruption, anti-money laundering and corporate social responsibility. Follow us on Twitter (@AGTradeLaw).
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Full 2-Day Conference Ticket Price for 1 person
including the Company-wide Post-Event Microsite license for 1 year – 999 USD
The event includes sessions, lunch, refreshments and available documentation. Please contact us for Groups.
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