Program: Continuous Professional Development Programs (CPD) Training Program for UAE Exchange Companies
Regulatory requirement: Section 16.6 of exchange company guidance issued by CBUAE requires an exchange company to
- The Compliance Officer, Alternate Compliance Officer and other employees of the AML/CFT Compliance Department must undergo a minimum of forty-eight (48) hours external training in AML/CFT compliance every year; and
- Participation in any one or a combination of the following is acceptable in relation to CPD programs in this context:
- AML/CFT conferences or meetings or workshops whether inside or outside the UAE;
- face to face training by external agencies whether inside or outside the UAE;
- training by industry associations or regulatory bodies; and
- Web based training.
Topics Coverage:
- Exchange company & permitted activities in the UAE
- Exchange company regulatory obligations
- Regulatory exams
- Corporate governance
- Audit
- Human Resource Management
- Outsourcing
- BCP & DRP
- Global AML Bodies (FATF, WB)
- AML/CFT/PF/TBML
- Customer Protection
- Fraud Prevention & Detection
- Counterfeit Currency
- Information Security
- Risk Management
Duration:
- 48 hours will be covered on Saturdays and Sundays
- Each session duration may be customized based on client needs.
For further information and registration, please contact info@finbler.com
