Complinet, the leading provider of connected compliance solutions to the global financial services industry, will be holding its third annual GCC Regulators’ Summit in Dubai.

This year’s summit, to be held on March 1 and 2, 2009, will address the hurdles facing regulated firms, showcase best practice in efficiently managing risk and discuss the changes in the global economy anticipated over the next twelve to twenty-four months, said an official spokesman.

The two-day summit will feature opinion and insight from industry experts from the International Organisation of Securities Commission (IOSCO), Qatar Financial Centre Regulatory Authority, Dubai Financial Services Authority, Securities and Futures Commission Hong Kong, L’Autorité des marchés financiers, Qatar Financial Markets Authority, Central Bank of Bahrain, the Dubai International Financial Centre and its Corporate Governance arm “Hawkamah”, International Institute of Islamic Finance, Securities & Investment Institute, Abu Dhabi Audit Authority, Financial Services Commission British Virgin Islands and many others.

The summit will discuss a series of subjects focusing on regulatory, risk and corporate governance developments, Islamic banking regulations and Sharia compliant funds, credit bureau agency activity in the region, supervision, enforcement, training, regional education planning and industry and much more.

To ensure knowledge, best practice and know-how are shared amongst the Middle East compliance and regulatory community, the free to attend third GCC Regulators’ Summit is by invitation only.

“This year is more important than any other year and it is becoming critical for compliance and financial services professionals working and operating within the region to understand the specific regulatory initiatives and financial attributes affecting firms here,” said managing director of Complinet Middle East and APAC Leas Bachatene.

“We are grateful to our partners and sponsors who made this event happen and have supported the topics of compliance, regulation, risk and governance not just as subject matters, but as a way of doing business. Our thanks go particularly to the Qatar Financial Centre Regulatory Authority, the Dubai Multi Commodities Centre, Gulf International Bank, Arab Bank Plc, DLA Piper, Freshfields Bruckhaus Deringer, Simmons & Simmons, CRS, Essdar, Baker Botts, Herbert Smith, Emcredit, Bearing Point, CCL, Eastnets and the International Compliance Association.” – TradeArabia News Service