The Afreximbank Compliance Forum (ACF2024) will be held at the King Fahd Palace Hotel in Dakar, Senegal, from September 4 to 6, 2024, in partnership with the Intergovernmental Action Group against Money Laundering in West Africa (GIABA).
This event will bring together compliance specialists, representatives of national and regional organizations, and leaders from the trade sector. The central theme for the three days of discussions will be: “Better Compliance – Better Trade: The Implications of the New FATF Requirements on Beneficial Ownership and Their Impact on Trade.”
The discussions will focus on the implications of the Beneficial Ownership concept, designed to improve the prevention of money laundering and illicit activities, and to help countries assess and mitigate associated risks. Practical recommendations on implementation will be shared.
ACF2024 will also feature an exhibition showcasing the latest compliance systems developed by leading technology providers. Additionally, Afreximbank will present its range of relevant trade solutions.
Organizer
At Afreximbank, our shared goal is “to stimulate a consistent expansion and diversification of African trade in order to rapidly increase Africa’s share of global trade; and, in doing so, to operate as a leading, for-profit, socially responsible financial institution and a center of excellence in African trade” and our shared vision is to consolidate the Bank’s position as “Africa’s Trade Finance Bank”.
Achieving our vision depends on our ability to effectively implement our strategy around four strategic pillars, namely “Promoting intra-African trade”, “Facilitating industrialization and export development”, “Strengthening leadership in trade finance” and “Improving financial performance and strength” Our success will depend on satisfying our stakeholders through increased trade finance, further facilitation of intra-African trade and value-added exports, and improved financial performance, which better positions us to achieve our development objectives. Our financial performance is enhanced by strengthened financial solidity and improved business development activities, underpinned by sound risk management practices and adequate capitalization.
Improvements in business development enable us to leverage a variety of channels to deliver solutions to our customers and other stakeholders, while enhancing our internal capabilities in terms of human resources, systems and organizational culture is the foundation for maintaining the increased efficiency of our internal processes. . As an autonomous institution, we emphasize strong governance structures as key components of enterprise risk management, and promote an organizational culture based on our core values: uncompromising integrity, teamwork, trust and respect for the individual, innovation, excellence and flexibility, passion. to learn and drive, professionalism and responsiveness, a commitment to Africa and supporting Africa’s emancipation and autonomy.
