al khaliji supports Complinet's 2nd GCC Regulators' Summit

al khaliji aims to build a strong regional presence in the GCC countries with the ultimate goal to establish a financial institution that serves all five markets successfully.

As part of implementing this goal by adopting international best practice, al khaliji is one of the endorsement partners of Complinet 2nd GCC regulators' Summit which took place in Bahrain on 19th and 20th of this month.

As a moderator, Niall Coburn, Senior Executive, Group Corporate Governance shared his experience and conducted a presentation about operational risks in the GCC countries. He discussed and explained the financial reliance on banks for long-term infrastructure development , the pressure to expand and consolidate, compliance and corporate standards, the growth of Islamic Banking, and the domestic pressures that control access to experienced employees.

"al khaliji is a next generation bank with high technical capability, establishing itself in the Middle East. We are focusing on Customer Service and it is our responsibility to adopt and implement international best practice in Legal, Compliance and Corporate Governance", said Niall

The summit addressed the hurdles that regulated entities face on a daily basis, as well as providing a platform for the regulators to showcase their regimes and to communicate directly with compliance practitioners.