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DUBAI / WAM
The 11th MENA (Middle East and North Africa) Regulatory Summit, to be held in Dubai on February 5 and 6, will discuss key challenges that financial institutions and corporates in the MENA region face in complying with international standards, fighting financial crimes and promoting strong and positive cultures.
Thomson Reuters, one of the leading news and information agencies catering to professional markets, and Dubai Financial Services Authority, DFSA, will co-host the summit under the patronage of the UAE Minister of Economy Sultan bin Saeed Al Mansouri.
According to Thomson Reuters MENA Financial Report 2016, about 50 percent of compliance respondents have significantly increased their compliance spending over the past two years and 52 percent expect a significant increase in compliance spending in the next two years. More than 39 percent prioritise business change and reorganisation investment over technology and training.