Amdeya’s consultants have carried out the largest AML/CFT compliance work for a bank in MENA. They have also advised a MENA country on meeting FATF requirements. These landmark engagements reflect Amdeya’s global expertise in Regulatory Compliance Assessments, and Implementation. Amdeya also advises banks and Central Banks on the implementation of Basel III. Amdeya gives best-in-class advice to banks on AML/CFT compliance. Amdeya helps prepare roadmaps for meeting international and FATF regulatory standards. Amdeya also provides assessments of implementation of roadmaps. Please see the separate page on Amdeya’s compliance offerings.
Amdeya is at the forefront of advising banks and companies on planning, implementing, and reporting of ESG and Sustainability activities. Amdeya also verifies the authenticity of these reports. Amdeya also issues ESG performance ratingson a select basis. Please see the separate pages on Amdeya’s ESG offerings.
Amdeya advises banks and companies on the formulation of strategy, and roadmaps for implementation. Amdeya also advises banks and companies on ways to improve efficiency, mainly by increasing revenue and/or decreasing costs. This also includes advice on process and technology enhancements.
Amdeya advises banks on the assessment of their risk management framework, with deep dives into credit, market, and operational risks. This also includes advice on incorporating climate risk in the risk management framework.
Amdeya advises on the sale and/or acquisition of banks, financial institutions, and companies in the MENA and Turkey region. Four sale/acquisition mandates have been managed by Amdeya’s consultants in recent years.
Amdeya advises on sale and/or management of real estate, especially real estate portfolios of banks. In a recent engagement, Amdeya was mandated to advise on the sale of a real estate portfolio of a bank in the Region.
Amdeya carries out assessments of banks’ treasury strategy, and ways to improve profitability, and strengthen risk management. In a recent engagement, Amdeya’s consultants carried out an in-depth assessment of Global Financial Markets and Group Treasury for one of the largest banks in MENA. This involved advice on enhancing risk management for sustainable business growth.
Amdeya advises startups on regulatory requirements, and financing options. This includes preparing roadmaps for implementation of new-bank-opening plans (and in different jurisdictions). Amdeya’s consultants have advised on the opening of three new banks in recent years.
Amdeya’s experts provide advice of a bank’s or company’s Governance policies and practices (the G in ESG). A typical governance engagement carried out by Amdeya’s consultants included recommendations for improvements in the governance practices of a bank with a focus on the functions of the Board of Directors.
Amdeya advises governments and government institutions on international regulatory issues such as ESG taxonomy, and FATF requirements. A landmark engagement by Amdeya’s consultants involved assisting a country in the MENA region with the FATF Mutual Evaluation preparedness. The stakeholders were more than 120 in total, including the Central Bank and the country’s main banks. Amdeya’s consultants also conducted a dry run that mirrors the Assessors’ own exercise to determine the country’s preparedness for the technical compliance and effectiveness assessments and identify areas for improvement.
Amdeya’s consultants provide advice on the fraud management function and make recommendations for enhancing the structure, skills, specialization, and overall effectiveness of the function. This expertise is well recognized as Amdeya’s consultants were asked to conduct a detailed review of a Regional Bank’s critical operations functions after one of the largest fraud cases in the MENA Region.
Amdeya regularly organizes regional meetings for banking and finance executives to cover topical subjects. One such meeting was the Regional Finance Conference held for two days in October 2021 in Istanbul. The high-level conference brought together bankers, investors, and business leaders from MENA, Turkey, the U.K., and Central Europe. Select talks from the conference were shared with more than 5,000 banking and finance executives in 28 countries on a post-streaming basis.