Program — Day 2

Opening remarks

Complinet

Panel session: Islamic banking regulations & Sharia Compliant Funds

• Is Islamic Financial modelling a much effective way of mitigating risk, is it risk free? Would the financial industry be safer?
• The multi-level roles of the Shari’ah Advisory Board – direct influence to passive oversight - Annual Shari’ah audits – what to expect?

Dr. Mohd Daud Bakar, President/Chief Executive Officer, International Institute of Islamic Finance

Hari Bhambra, Senior Partner, Praesidium

Dr. Hussain Hamed Hassan , Chairman – Fatwa and Sharia Supervisory board, Dubai Islamic Bank & Dubai Financial Market (DFM)

Panel session: Supervision, Regulatory compliance and enforcement – How do the GCC regulators police their markets effectively?

• Supervisory developments – what tools are available to regulators, and what are the challenges?
• Compliance and risk managements systems and controls – how should firms ensure their practices do not lead to market manipulation?
• Senior Management Responsibilities of Senior Executive Officers and Compliance Officers to ensure their internal policies and procedures are adequate

Christopher Hobbs, Director, CCL (Moderator)

Carlo Fedrigoli, Litigation and Regulatory Affairs, DLA Piper, Middle East

Hassan Nasser, Compliance and Inspection Director, Dubai Multi Commodities Centre

Sarah Watts, Managing Director, Chief Compliance Officer, Essdar Capital

Q&A session: Credit bureau agencies activities in the region

• Principles of credit bureau and Regulatory and industry challenges
• Advantages, markets and economic stability in the region
• Is there compliance of credit bureau?

Zaid Kamhawi, Chief Business Officer, The Emirates Information Company Limited (Emcredit) (Moderator)

Chris Dommett, Chief Executive Officer, John Charcol Dubai

Rajesh Mirchandani, Chief Executive Officer, Dun & Bradstreet SAME

Ashina Singh, Chief Executive Officer, Ananda Consulting, South Africa

Panel session: Collective investment schemes

• Collective investment fund developments across the GCC
• What are the regulatory obligations? What are the marketing rules? What is the compliance risk?
• What has been the role of hedge funds over the past 12 months?

Vanessa Abernethy, Partner, Simmons & Simmons (Moderator)

Abdul Rahman Al Baker, Executive Director, Financial Institutions Supervision, Central Bank of Bahrain

Nicholas Alves, Director, Policy & Legal Services, Dubai Financial Services Authority

Panel session: Training, regional education planning and industry threats

• What are the principles of competence? How can firms best assess performance?
• What are the competencies and skills that are required to meet both business and regulatory objectives?
• How do firms demonstrate that competence has been achieved and maintained?

Jon Morton, Managing Director, Training & Development, QFCA (Moderator)

Hossam M Abd El-Rahman, Founder & Managing Partner, Allied Compliance Consultants

Carolyn Hanson, International Course Director, ICA

Richard Stockdale, Senior Advisor, Securities and Investment Institute

Q&A session: Capital raising in the GCC: Practical Challenges and Regulatory Issues

• Is the existing regulatory framework adequate to facilitate capital raising and what are the areas for improvement from a market participant's perspective?
• What are the key issues/concerns facing regulators in respect of the capital markets and what are the key initiatives that are being undertaken to address these concerns and facilitate capital raising in the GCC?
• How does the regulatory framework in the GCC compare relative to competing jurisdictions in other international markets, are there areas for improvement and what lessons can be learned?

Rajeev Dewan, Senior Associate, Herbert Smith (Moderator)

Martin Kinsky, Managing Director Markets, Dubai Financial Services Authority

Khaled Khalfan Al Suwaidi, Head of listing Companies Department, Abu Dhabi Securities Exchange

Manish Wadhwani, Managing Director, Head of Capital Markets, Millennium Finance Corporation

Rody A. Yared, Executive Director, Equity Capital Markets, JP Morgan

Q & A session: Human Resources Planning and Challenges

• Management of cultural change
• How to attract candidates of the right calibre
• Performance management and reward

David Symes, Managing Director, Compliance Recruitment Solutions (Moderator)

Kit Stevenson, Head of HR, Qatar Financial Centre Regulatory Authority

Elizabeth Warren, Managing Director, Head of Human Resources and Administration, Investcorp

Closing panel session, questions from the audience