The Association of Certified Fraud Examiners (ACFE), in collaboration with the Capital Market Authority of Saudi Arabia, will host the 2021 ACFE Fraud Conference Middle East in a virtual format, 7-8 April. This conference will bring together professionals from the Middle Eastern region working in both public and private sectors, and will provide a platform to exchange ideas, expertise and discuss the latest trends and tools in fraud detection, response and prevention.
Attendees will hear from His Excellency Mr. Mohammed El Kuwaiz, Chairman of the Capital Market Authority of Saudi Arabia; Preet Bharara, senior CNN legal analyst and former U.S. Attorney for the Southern District of New York; and Pamela Barnum, a trust strategist and body language expert. They will be joined by other expert speakers who will help attendees explore important cases and trends that have emerged in technological development, risk management and fraud prevention.
The conference is supported by strategic partner Saudi Anti Fraud Association (SAFA). President and CEO of the ACFE, Bruce Dorris, J.D., CFE, CPA, thanked the Capital Market Authority of Saudi Arabia for their help, as the timing of this conference could not be more critical.
“Over the past year, the COVID-19 pandemic has created unprecedented opportunities for fraudsters as every industry and economy around the world has been affected. Now, more than ever, it is important for anti-fraud professionals to stay aware of new information and work together to come up with solutions to emerging issues,” he said. “By supporting this conference, the Capital Market Authority of Saudi Arabia is facilitating important conversations about the current reality of fraud.”
SAFA’s Chairman Mohammed O. Subaie agreed with Dorris in the importance of this conference. “Fraud prevention is one of the pillars to corporate governance and transparency in reporting — and ultimately more investment in the capital markets,” he said. SAFA’s acting CEO Ahmed T. AlSulaimani added, “Fraud jeopardizes our development and our progress. This is why we must drive towards anti-fraud measures and why SAFA has chosen to work with the ACFE, largest anti-fraud association in the world.”
About the Capital Market Authority of Saudi Arabia
The Capital Market in Saudi Arabia is a government organization applying full financial, legal, and administrative independence, and has direct links with the Prime Minister. The CMA’s functions are to regulate and develop the Saudi Arabian Capital Market by issuing required rules and regulations for implementing the provisions of Capital Market Law. The basic objectives are to create an appropriate investment environment, boost confidence, and reinforce transparency and disclosure standards in all listed companies, and moreover to protect the investors and dealers from illegal acts in the market.
About the Association of Certified Fraud Examiners
The ACFE is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 85,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.