About GRC

  About GRC WorkshopGovernance, risk management, and compliance are playing significant roles in todays’ businesses. The significance of this role is substantiated by the inflating size of enterprises and organizations in both the public and private sectors. Additionally, services provided by businesses are getting more complex whether these services are provided locally or globally. This adds a major layer of administrative and financial complexity to the services delivery process. Governments and regulators, on the other hand, are flooding businesses with huge number of regulations and business practices to abide by. In addition, we should not forget the information technology factor that is driving businesses and innovation today. IT comes accompanied with its complexity let alone the cyber security challenges that became a real personal, organizational and even a national security challenge on a global level.


  The GRC Workshop aims at introducing the best business practices of Governance, risk management, and compliance (GRC) to all management and staff members of risk management, audit, compliance, and finance departments.


  Classification of risks

  1. Main types of risk classes that firms face and have to cope with
  2. Characteristics of the main risk classes
  3. Fundamental concepts of each of the risk classes
  Introduction of ERM and its frameworks

  1. Benefits and value of ERM deployment in and across an entity
  2. Key concepts of enterprise risk management (ERM)
  3. Steps necessary to quantify ERM
  4. ERM frameworks
  Regulatory Environment

  1. An overview of the regulatory environment
  2. The objectives of financial services regulation
  3. Key  regulations  that  impact  (transnational) finance institutions
  4. Key characteristics of the more recently announced holistic regulatory changes and new legislature
  5. International regulation
  6. The role of the regulators
  7. What do the regulators expect ?
  8. Your jurisdiction environment
  9. The difference between a best practice and a regulatory obligation
  Risk management and compliance risk
  1. Understanding a risk-management approach
  2. The impact on the business – positively and negatively – of creating a risk management approach
  3. The need for internal controls
  4. Understand how to identify, mitigate and control risks effectively
  5. Approaches to risk assessment
  6. Compliance culture: why it is important, and how to communicate the obligation
  7. Compliance manual
  8. Establishing policies and procedures
  9. Creating a compliance monitoring program
  10. Compliance training
  11. The need for independence
  12. Conflicts of interest
  13. Record keeping of compliance reports
  14. Ongoing compliance with laws and regulations
  15. The company and other stakeholders
  16. Managing   the    regulators      and    change   in regulations
  Governance, risk and compliance – demystified

  1. Overview of “governance”, “risk” and “compliance” (i.e., GRC)
  2. Principles and benefits associated to governance,risk and compliance
  3. GRC  integrated  approached  and  their  key enablers
  4. Role and responsibilities of board and committees
  GRC – Case Study

  1. Selective best practices
  2. Advantages and limitation of certain aspects of ERM frameworks
  3. Regulatory expectations on listed companies in
    developed and leading countries
  4. Building an effective, holistic governance, risk and compliance model across an organization


Day-1: 12 November 2018

  Lecturer Main Topic: Governance
09:00 – 11:00 Dr. Gihan Gamal GRC Concepts
11:00 – 11:30   Break
11:30 – 13:30 Dr. Ayman Al-Ghabbari Governance Principles and Best Practices
13:30 – 14:30    General Discussion
Lunch – End of Day 1

Day-2: 13 November 2018

  Lecturer Main Topic: Risk Management
09:00 – 11:00 Dr. Ayman Al-Ghabbari Process of Risk Management
11:00 – 11:30   Break
11:30 – 13:30 Dr. Gihan Gamal Risk Management Application
13:30 – 14:30    General Discussion
Lunch – End of Day 2

Day-3: 14 November 2018

  Lecturer Main Topic: Risk Management
09:00 – 11:00 Dr. Gihan Gamal Process of Risk Management
11:00 – 11:30   Break
11:30 – 13:30 Dr. Ayman Al-Ghabbari Risk Management Application
13:30 – 14:15   General Discussion
14:15 – 14:30    Distribution of Certificates
Lunch – End of Day 3 – End of Workshop

Who Should Attend?

      • Board members, general managers, executive managers, senior management, and financial managers
      • Internal and external auditors
      • Accountants and accounting auditors
      • Risk management departments’ managers and staff
      • Business, credit, and operations risk managers
      • Compliance departments’ managers and staff
      • Risk management consultants
      • Governance staff
      • Follow up committees
      • Human resources  departments’ managers  and supervisors.
      • Legal consultants and lawyers.
      • Internal supervisory staff.
      • Accounts  managers,  accountants,  and  finance departments’ staff of government agencies.
      • Deputies of managers and section heads.



Dr. Ayman AL-Gubari

  • Associate Prof. of Accounting
  • Certified Financial Consultant
  • Professional membership:
  • International Compliance Association (ICA).
  • American institute of certified public accountants (AICPA), USA.
  • Association of for Certified Fraud Examiners, (ACFE), USA.
  • UK Consulting Centre (Corporate Finance Consultants).
  • The Institute of Financial Consultants, USA.
  • Associate of Arab organization of Certified Public Accountants.

Professor Dr. Gihan Gamal

  • ICAS Board of Director.
  • Board Member of International Financial Institution Society (IFIS USA).
  • Certified Trainer from ICA – International Compliance Associa- tion, UK
  • Author of Specialized Books in Stock Market.
  • Economic Consultant for Council for Arab Economic Unity – Arab League.
  • Chairperson in ASSSI “Arab Society for Supporting Small Investors” NGO.
  • General Secretary for Arab Federation for Financial Analysts.



Trainees Certification

  Attendees that pass a special test will receive an international certificate for completing the program requirements of (GRC) Governance, risk management, and compliance. This certificate is issues by the International Compliance and Anti Money Laundering Society (ICAS), and the British Council, and cooperation with the Arab Institute for Accountants and Legal in Dubai.

Press Releases

13 November, 2018

نوف اكسبو” تنظم ورشة عمل “الحوكمة وإدارة المخاطر والالتزام الرقابي


Contact us

Al Salhiya St., Al-Majara Bldg., 3rd Floor, Office No.8
P. O. Box 28178, Safat 13142, Kuwait
Tel: +965 22469921 / +965 22469924
Fax: +965 22469928

Mr.Taher Abdulaal

Mobile: +965 65102705
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