Sharjah, December 2015: As one of the premier financial institutions in the UAE, Bank of Sharjah has consistently maintained the highest standards of financial integrity and compliance, while staying in step with changing times. In order to further raise the bar, the Bank has entered into a partnership with global expert Financial Integrity Network (FIN), for advisory services.

Financial Integrity Network (FIN) is a premier strategic advisory firm dedicated to helping its clients strengthen the financial integrity needed to succeed in today's global security environment.
By offering a comprehensive and strategic approach to countering a wide spectrum of evolving illicit financing risk, FIN assists clients in developing, strengthening, and ultimately maximising the effectiveness of their counter-illicit financing capabilities. FIN's deep experience in the global and US policy, enforcement, and regulatory fields allows it to architect novel strategies, structures, and solutions for emerging risks and financial integrity challenges.

'With an impressive track-record and a gamut of clients across the world, from governments to global banks and regional financial institutions, FIN's support and expertise will undoubtedly help us expand and strengthen our counter-illicit financing policies. We are confident that the collaboration with FIN will provide us with solutions to a wide variety of illicit financing concerns, including evolving regional risks and urgent case resolution,' affirmed Mr. Varouj Nerguizian, Executive Director and General Manager, Bank of Sharjah.

The agreement with FIN was signed on August 17th in Washington, DC. Speaking on the occasion, the Honorable Juan Zarate, Chairman, Financial Integrity Network said, 'We understand the challenges of operating in today's global financial security environment. With deep insights and experience in the counter-illicit financing field and on-the-ground experience, FIN is proud to work closely with Bank of Sharjah to inform and guide their financial crimes compliance and help meet the highest global standards.'

The partnership with FIN is part of Bank of Sharjah's continuous efforts to grow and evolve in keeping with global standards -- a strategy that has gained the Bank a position of pre-eminence in the UAE financial sector with an emphasis on quality and customer service.

Bank of Sharjah PJSC issued this content on 2015-12-22 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-22 09:46:10 UTC

Original Document: http://www.bankofsharjah.com/Eng/News/Article.aspx?ArtID=96