Tripoli Banking Conference on Compliance 2022

Posted on 21/06/2022

Trade Finance , Notices

The Libyan Banking Conference on Compliance took place on 9th and 10th June at The Corinthia Hotel, Tripoli, and was opened by His Excellency Governor Elkaber of the Central Bank of Libya.

The event, jointly held by BACB, Bank ABC and the Central Bank of Libya, was a high-profile banking conference focused on upskilling top Libyan financial institutions in the areas of governance and compliance. In attendance from BACB were CEO Eddie Norton, alongside Chief Banking Officer and Deputy CEO Paul Jennings, Chief Compliance Officer and General Counsel Bhavesh Dattani, and Chief Risk Officer Isabella Pateman.

The Conference was hosted by the Central Bank of Libya (CBL), and consisted of high-level training sessions aimed at supporting Libyan financial institutions as they bolster their anti-financial crime framework and compliance capabilities, ultimately fostering better quality transactions with the region. Training sessions were delivered by in-house experts at BACB and Bank ABC, to an audience of CEOs and Chairmen from Libya’s commercial banks.

Helping build the institutional resilience of financial systems is a key part of BACB’s strategy, and demonstrates the steadfast commitment the Bank has to its core markets. Governance and transparency play a crucial role in rekindling risk appetite towards the Libyan market, and the Bank’s senior leadership team were delighted to be back on the ground in Tripoli, sharing expertise on the topics of anti-financial crime, compliance and governance, with their network. Libya is a natural and historic gateway for trade, and it has never been more important to develop these links; by providing capacity building for the Libyan financial market, BACB are supporting safer, sustainable business across the entire region.

Over the course of the last half-century BACB has provided a broad suite of training programmes for financial institution partners, many of which deal with regulatory and governance themes. By helping clients adhere to international compliance standards, the bank strives to promote financial inclusivity – as well as making trade safer and more transparent. The BACB team look forward to participating in future events in Libya and across the region.

Libyan Banking Conference



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