Euromoney, the specialist financial publisher and conference organiser, is returning to Bahrain for the first time in a decade to host a major financial event.
The GCC Private Banking Conference, to be held at the Ritz-Carlton Bahrain Hotel and Spa on March 7, will put wealth management and private banking in the spotlight, said a top company official.
‘We felt that now was the right time and Bahrain the right venue to attract an international audience and we already have around 250 delegates signed up,’ said Euromoney Conferences director of private banking Richard Banks.
‘This is not a big conference but it is an event which will attract quality people and we have representation from as far away as Malaysia, Singapore and Switzerland.’
‘The event is being supported by the Central Bank of Bahrain and Economic Development Board.’
‘We are trying to bring a global perspective to wealth management in the face of Eurozone crisis and help develop strategies in the current environment.’
‘Our speakers include the director of the centre for tax policy and administration at the OECD, Jeffrey Owens, who will be outlining how global changes in regulation will affect investment strategy.’
‘We chose Bahrain for this event as the kingdom remains a centre of excellence for wealth management in the Middle East,’ he added.
‘One of Bahrain’s strengths is its financial regulatory system which is more conservative and its risk aware culture.
‘In spite of some recent unrest Bahrain should remain the Middle East’s financial centre for all sectors of the industry.’
The conference will be opened by a keynote address by CBB Governor Rasheed Al Maraj on the topic of global regulation and offshore centres and will be followed later by a panel session on global regulatory scrutiny and its effect on Middle East wealth management.