Following this partnership announcement, efforts will be directed towards fortifying compliance measures across Qi’s operations.
The collaboration between Qi and K2 Integrity is anticipated to involve three primary entities: Qi UAE, Qi Jordan, and Qi Iraq. K2 Integrity plans to establish a robust back office in Jordan for Qi, integrating it into Qi’s overall compliance network. Additionally, K2 Integrity intends to use Qi’s UAE operations as a platform for developing new financial products and services.
Details of the Qi-K2 Integrity Partnership
As Iraq’s economy continues its recovery process, this partnership aims to support the country’s increasing integration with international financial institutions. The initiative will help Qi and K2 Integrity remain competitive in a dynamic market while ensuring strict adherence to regulatory standards.
The 36-month program is segmented into three phases:
– Evaluating and refining Qi’s current Financial Crime Compliance (FCC) framework.
– Training staff at all levels, including front-line workers and executives.
– Implementing globally recognized compliance practices and transitioning the program into a sustainable structure managed by Qi.
