QIIB hosts sixth Qatar Banks Fraud Management Forum
<p>Doha, Qatar: QIIB hosted the sixth Qatar Banks Fraud Management Forum (QBFMF) yesterday at the Mandarin Oriental Doha in Msheireb Downtown.</p> <p>The forum brought together a broad range of senior officials and representatives from Qatar Central Bank (QCB), Qatar Financial Information Unit and the Ministry of Interior, alongside senior executives from banks, financial institutions and…
Doha, Qatar witnessed the sixth Qatar Banks Fraud Management Forum (QBFMF) at the Mandarin Oriental Doha, organized by QIIB. Prominent officials from the Qatar Central Bank (QCB), Qatar Financial Information Unit, and the Ministry of Interior joined senior executives from various banks, financial institutions, and telecommunications companies.
The forum aimed to discuss emerging financial fraud trends and methods, review progress on previous recommendations, and develop comprehensive prevention strategies. It featured strategic discussions, interactive sessions, keynote addresses, and presentations on QCB's regulatory priorities and collaboration between public and private sectors.
Mohammad Rifaie, Chief of Compliance and Anti-Financial Crimes at QIIB, emphasized the importance of coordinated action among financial institutions, regulatory authorities, and security agencies to counter evolving threats. He highlighted QIIB's commitment to protecting customer funds and personal information, investing in advanced technology, and improving monitoring and detection systems to prevent financial crime.
Rifaie also praised the leadership of QCB, the Ministry of Interior, and the Qatar Financial Information Unit in strengthening Qatar's financial sector and combating financial crime.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
