Cedar Rose to Highlight the Advantages of Technology and Data Standardization in UBO Verification and AML Compliance at SACEC Dubai


Cedar Rose has confirmed its participation as a Gold Sponsor at the Sanctions, Anti-Corruption & Exports Controls Compliance in the Middle East conference (SACEC) hosted by Nielsonsmith, the Compliance Conference Company. Taking place in Dubai from 30th to 31st May, the event will bring together leading global compliance experts and solution providers as well as eminent speakers from the GCC.

Antoun Massaad, Co-Founder and CEO of Cedar Rose, commented, “We are glad to partner with the Sanctions, Anti-Corruption & Exports Controls Compliance in the Middle East conference, which is an important industry event. Organisations are challenged today with a multitude of local and global regulatory compliance requirements that have created a complex environment across all industries. Adding to this are the recent geographical sanctions and accelerating scrutiny that have increased the risk of stringent financial and reputational penalties manifold. It is therefore essential to know and understand the latest developments and solutions as well as benchmark standards from industry experts. As there is no one-size-fits-all approach, SACEC presents a fantastic opportunity to know and keep pace with the emerging regulatory obligations and implications in different jurisdictions.”

Speaking at the conference will also be Subramanya SN, Head of Compliance Solutions at Cedar Rose, who will highlight how technology and standardised databases can assist ultimate beneficial owner (UBO) identification and anti-money laundering (AML) compliance despite the challenge of multiple jurisdictions and languages. Sharing best practices and case studies, Subramanya will demonstrate the role of innovative technology and processes in mitigating compliance risks and advancing AML and counter terrorist financing (CFT) efforts.

Cedar Rose’s CRiS Intelligence Platform offers companies on-demand subscription access to critical credit and compliance information from a single portal whenever they need. Companies can conduct instant compliance checks against global sanctions and watchlists, politically exposed persons (PEP) and adverse media and, identify shareholding structures and ultimate beneficial owners using Cedar Rose’s live and continuously updated network of verified global databases.

About Cedar Rose

Established in 1997, Cedar Rose has been at the forefront of providing world-class business intelligence and credit risk solutions to leading firms in over 230 countries and jurisdictions globally.

Known for accuracy, reliability and quality, Cedar Rose is specialised in offering a comprehensive array of credit risk, compliance and data solutions (being the holder of the largest single database and information of companies, shareholders and directors in the MENA region).

Through continuous innovation, investment and development of talent and technology, the firm’s primary objective over the last 25 years has been to raise the quality of credit risk, compliance and regulatory services in the MENA region to the highest international standards. Partnering with their clients, Cedar Rose helps companies mitigate the regulatory, operational and reputational risks associated with their business.

Cedar Rose has been recognised with several prestigious awards and accreditations including Credit Excellence Award for Export and International Credit and Collections for three consecutive years – 2016, 2017 & 2020; European Business Award – 2017 / 2018; and Commercial Credit Information Provider of the Year Award sponsored by Experian – 2019.