Banker’s Academy Presents On Risk Management & Internal Controls At AML Compliance Seminar In Saudi

From: Edcomm Banker’s Academy
Published: Sun Apr 19 2009

Edcomm Banker’s Academy presented a key panel discussion on Risk Management and Internal Controls at the 1st Annual Compliance and Anti Money Laundering (AML) Seminar in Riyadh, Saudi Arabia. Held on the second day of the two-day seminar, the discussion was part of a series of panel sessions to raise awareness about new AML regulatory challenges and developments in the Kingdom of Saudi Arabia and across the Gulf Cooperative Council (GCC).

During the session entitled “Risk Management & Internal Controls ??" KYC for Banks,” Edcomm Banker’s Academy led a discussion on the risks associated with the rapid development of the banking sector and new initiatives for foreign investor access to the Saudi Stock market. The panel also addressed the procedures for reporting and making disclosures on suspicious transactions to be followed by financial institutions, including the top banks in Saudi Arabia: National Commercial Bank, Riyad Bank, Saudi American Bank, Al Rajhi Banking and Investment Corp., Saudi British Bank, Arab National Bank, Al Bank Al Saudi Al Fransi, Saudi Hollandi Bank, and Al-Jazeera bank.

Dr. Linda Eagle, President and Founder of Edcomm Banker’s Academy, was joined on the panel by the following field experts: Hany Faidy, senior vice president and head of the Compliance Division, The National Commercial Bank; Michael Lesser, managing director, Supervision of Financial Institutions, QFCRA; Terence Donovan, senior financial sector expert, Legal Department, International Monetary Fund.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto or call +1.212.631.9400.

The Edcomm Group Banker’s Academy is a 22-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share - providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker's Academy ( is headquartered in New York City with locations and representation throughout the world.
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Linda Eagle
Edcomm Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001, USA
Company: Edcomm Banker’s Academy
Contact Name: Linda Eagle
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Contact Phone: +212.631.9400

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