Jersey Finance: Saudi Arabia Financial Crime Country Risk Workshop – in Partnership with Themis
8.30 am - 12.30 pm
Location: Pomme d'Or Hotel, Jersey
Pricing: Jersey Finance Members Only
Jersey Finance, in partnership with Themis, is delighted to host this Jersey Finance, Member only, Saudi Arabia 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 last year’s Saudi Arabia 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 Margot Best, Director, Best Vision Consulting Ltd and Themis Financial Crime Trainer, alongside Nadia O’Shaughnessy, Themis Head of Insight and Carel van Randwyck, Chief Growth Officer & Head of Impact at Themis, to facilitate our Saudi Arabia Financial Crime Country Risk Workshop on Tuesday 20 June, 8.30 am for a 9.00 am start at the Pomme D’Or Hotel, St Helier. The event will end at 12.30 pm.
The Saudi Arabia 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 Saudi Arabia
- A presentation about establishing a business presence in Saudi Arabia
- 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 a Saudi context
- Best practice
These discussions will build on the information in the Themis Saudi Arabia 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 recommended for representatives from Jersey Finance Member firms’ compliance function, however we welcome multiple attendees from other business areas and particularly client facing professionals that travel to the Middle East.
Please click here to register for this CPD accredited event.
If you have any questions regarding this CPD accredited event, please contact our events team.
Allan Wood › Global Head of Business Development, Jersey Finance
email › / profile ›
Born in Liverpool, Allan has more than 25 years’ financial service experience in Jersey and the UK.
As Global Head of Business Development, Allan is responsible for overseeing the promotion of Jersey as a leading international finance centre across key strategic overseas markets including Africa, the Gulf region, Asia, the US and the UK.
Allan joined Jersey Finance in 2015 as Business Development Director, before being promoted to Regional Head – West, where he was responsible for overseeing the Africa, US and UK markets.
Prior to Jersey Finance, Allan spent five years with Barclays in Jersey, where he was Vice President and leader of the Jersey International business within Barclays Wealth & Investment Management division. Before this, he spent 20 years with Royal Bank of Scotland.
A keen runner in his spare time, Allan successfully completed the London Marathon in 2014 and 2016, while he is also Chairman of The Grace Crocker Family Support Foundation, a Director of Jersey 2 Africa 4 Football Foundation, and an advisor to the Cherie Blair Foundation’s 100,000 Women Campaign Board.
Carel van Randwyck Chief Growth Officer and Head of Impact, Themis
Carel van Randwyck is the Chief Growth Officer & Head of Impact at Themis, having been with the company since 2020. He has 35+ years broad international experience having lived and worked in Asia, Africa, the Middle East and Europe for market-leading financial services firms. Prior to Themis, he was the adviser to an Impact Investing VC firm, the Global COO for various sales & trading businesses at UBS Investment Bank, Head of Change Management, Group Sales, at Deutsche Börse, the German Stock Exchange company, financial management & treasury management consultant with Price Waterhouse and auditor with Arthur Young & Co. He is a Fellow of both the Institute of Chartered Accountants in England & Wales and the Association of Corporate Treasurers, holds the CFA Certificate in ESG Investing and is fluent in English, Dutch and Spanish.
Nadia O'Shaughnessy Head of Research, Themis
Nadia manages the Themis Insight team, working on threat-based analysis of a variety of topics related to financial crime, including Themis' jurisdictional risk programme. Nadia has a diverse background in international affairs and research. Prior to joining Themis, she completed assignments at the United Nations, FTI Consulting, NATO Parliamentary Assembly and European Commission. Nadia has a dual master’s from the London School of Economics and Sciences Po, Paris, and a Double First Class undergraduate degree from the University of Cambridge, all in the sphere of International Relations.
Margot Best Director, Best Vision Consulting Ltd and Themis Financial Crime Trainer
Margot is a financial crime training specialist with extensive experience delivering AFC and AML learning initiatives across all levels, including across 7 UK, Middle Eastern and European financial services organisations undergoing regulatory review and enforcement. She has designed and delivered a broad range of specialist learning curricula and assessments for compliance and regulatory programmes on topics such as AML, AFC, ABC, fraud and tax evasion. She is recognised for her ability to turn financial crime and AML policies and procedures into an accessible learning experience for the end user.
Themis are a recognised financial crime specialist providing financial services firms with threat-based financial crime research on the latest techniques employed by criminals and the financial crime risks associated with specific industries and jurisdictions. They have a reputation for delivering insightful panel discussions with financial crime experts on discrete threats, industries and jurisdictions. Furthermore, their financial crime risk research of operating in and with customers and partners in higher risk jurisdictions provides the requisite information in a clear and concise format to conduct country risk assessments in line with market best practice and regulatory requirements.