Event Report: FinCrime Compliance Series Q2 2023 Wrap-up

The inaugural FinCrime Compliance Series hosted by the ADGM Academy Research Centre brought together the UAE’s financial crime compliance ecosystem including government, banks, regulators, academics, training providers, consultants, technology providers and more. The event, the first in a series, aims to discuss common challenges and identify solutions to help make the UAE financial sector stronger and safer. This brief provides an overview of the event and the key takeaways.

Discussions clearly highlighted the obvious importance of collaboration across the financial sector. The sector welcomes (and in many cases desperately needs) training and research insights supporting greater use of modern technologies, understanding new regulations, better utilization of data while complying with data privacy laws, and the impact of virtual assets, to name but a few.